Regressive Sales Taxes
Cities, counties and states are proposing regressive sales tax increases at the ballot box next week to fund various initiatives, close budget shortfalls and reduce property taxes.
This according to a report in USA Today.
You’d think these proposals would come from Republicans. Sales taxes are regressive flat taxes where the poor, the wealthy and everybody in-between pays the same. This is in contrast to a progressive income tax.
Yet such proposals are on the ballot in Democratic-leaning Maryland, New Jersey and Cook County, Illinois. Chicago is in Cook County.
If this is proposed tax policy in places where Democrats are in control, what hope do we have for fair taxation?
The progressive income tax is at the heart of the income redistribution and funding of social programs that stand at the core of liberalism. If Democrats are not on board with this, who will be?
Raising sales taxes to fund property tax cuts is simply redistributing income upwards.
Please click here for an article relating the benefits of the income tax.
Hopefully voters around the country will reject sales tax increases and demand a fair and progressive income tax to meet the needs of society.