A good start would be to reinstitute an honest system of graduated income tax
After raising the possibility of creating a graduated income tax
in Massachusetts -- under which wealthier residents would pay a higher percentage of taxes -- Coakley said she had no immediate plans to pursue the change.
The graduated income tax
is, in fact, an artifact of Wilson an Marxism, adopted from Karl Marx's Communist Manifesto by President Woodrow Wilson and his allies in Congress in 1913.
It is not that hard to imagine the measure being a modest graduated income tax
, excluding households with the lowest incomes, with a three- or four-year sunset clause.
Rumored items to help pay for a cut in the MBT have included the introduction of a graduated income tax
(which would require a constitutional amendment) and reintroduction of a plan to extend the sales tax to services.
The report proposes that policymakers consider an amendment to the Constitution so that a graduated income tax
could be introduced to Pennsylvania.
A flat tax would replace the current, graduated income tax
on families and businesses with a 20 percent flat tax, eliminating almost all personal deductions (state and local taxes, mortgage interest, charitable contributions) and city revitalization deductions (targeted jobs, low income housing, and earned income tax credits,) while scrapping or reducing the tax preference for municipal bonds.
And while that platform did propose a graduated income tax
, the platform asked that revenue from that tax "should be applied to the reduction of the burden of taxation now levied upon the domestic industries of this country.
The progressive or graduated income tax
divides Americans by income class and treats them differently, just as racial preferences - whether old-style Jim Crow laws or new-style affirmative action - divide Americans by race.
This paper has attempted to provide an approach to the problem of the optimal progression of a graduated income tax
BOSTON -- Democratic gubernatorial candidate Martha Coakley and Republican rival Charlie Baker sparred Wednesday over tax policy, with Coakley insisting that she would seek to raise taxes only as a last resort and has no immediate plans to seek a graduated income tax
Both a central bank and an income tax--particularly a graduated income tax
that largely consumes the wealth of the middle class in the name of taxing the wealthy--are powerful tools for bringing about this consolidation.