Majority Vote Revenue Bill

Now make the tax rates fairer. (5.00 / 1)

With a simple majority, the Democrats in the legislature could also make the state income tax rates fairer.  Currently single taxpayers making $47,500 pay the same rate as persons making up to $1 million, i.e., there are no tax brackets between $47,500 and $1 million.  This puts a disproportionately large burden on people at the lower end of that scale, while letting the upper end skate.  As long as the package is revenue neutral, these rates could be lowered for low-income people, and raised for high-income people, by simple majority vote.

I hope every group endorsing in Democratic primaries will insist on ironclad commitments on this, from every candidate who wants to call themselves a Democrat in the state legislature.

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by: DavidT @ Fri Jan 29, 2010 at 19:29:15 PM UTC

widening the brackets (0.00 / 0)

Thats one issue that John and Ken from KFI support as well. its a tax cut and a tax increase at the same time.  

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by: mmunson @ Fri Jan 29, 2010 at 19:55:58 PM UTC

[ Parent ]

Yep (0.00 / 0)

Fantastic idea, The rich skate and everyone else is expected to pay for the rich leaches who expect to get everything for Free who may lean towards repubs and their smaller government and less taxing ideas, When the rich can afford to pay their fair share and should be required to do so, No exceptions. We don't need to become another Haiti here and the repubs should not be allowed to lead US down that path, As the economic elite there from what I've read has done to Haiti in the past. A flat tax as some suggest is a Fair Tax, Problem is the Rich would pay a lot less than they do now and others would pay more than they do now or the same, So that would not be Fair at all. Of course the reason Its called a Fair Tax is cause everyone gets Taxed the same amount and the right tax would be proportional to ones ability, Flat ain't fair, Unless ones a rabid supporter of It of course and I for one am not.

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by: SuperJoker @ Fri Jan 29, 2010 at 20:32:03 PM UTC

[ Parent ]

How do they do that? (0.00 / 0)

Brian, I ask as a serious question - if the net effect is to add revenue for textbooks, how is it revenue neutral?  What's the "procedure" for a trick like this?

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by: auron renouille @ Sat Jan 30, 2010 at 00:26:44 AM UTC