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re: regressive taxes


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:

JJ,

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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