Sep 12, 2010
Scott_T joined My Stranger Face
Sep 12, 2010
Scott_T commented on Tax the Filthy Rich!.
The "soak the rich tax" that is being proposed is really a band aid. Our system of funding primarily based on sales tax is fundamentally broken. During economic fluctuations, sales tax revenue varies much more than incomes tax revenue. I'd rather see a comprehensive overhaul of the tax system, shifting revenue to an income tax andd reducing sales tax, than an adding an income tax on a very small minority.
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