Posted by Troy McClure on November 01, 2011 at 13:38:59:
In Reply to: re: regressive taxes posted by jj on October 31, 2011 at 17:36:59:
Fair enough JJ, Vat is necessary and is needed, however we need to design a system quickly that works.
Our taxation system is failing the state.
Basically, we have to collect enough to match the spend.
The options remain: higher equitable taxation and further reduction in the spend.
How we tackle this equation without risking growth is the key.
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