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Jason - its good to see this and increasing regressive taxes totally adds to the downward economic spiral.

And yes, we need graduated income taxes but that requires a constitutional amendment and so I think, three years? You already pointed out we are 5 billion in the hole by then. I'd like to see lots of more progressive taxation long before then.

Even an increase in a FLAT income tax is more progressive than any of the other individual income tax increases proposed (sales, gas, alcohol), even casinos. We can add property/rental tax circuit-breaker to make it more progressive...

Then there's the lowered corporate tax rate from last year, telecommunications loophole...

Etc. Let's talk? How about that event to talk about this, Suren?
Yours, grace

suren's picture

Well stated. Worth noting however that even social democratic compromises are never achieved by social democratic objectives. They're unintended outcomes of powerful "utopian" movements... What's the saying, "Be realistic, ask for the impossible"?

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