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Indybay Feature
Save our City: Tax the Rich
Wednesday's homework is reading the Bay Guardian and this week's BG, 7/3/02, is a must read, with a comprehensive set of articles on how and why we must tax the rich now to Save Our City!
Wednesday's homework is reading the Bay Guardian and this week's BG, 7/3/02, is a must read, with a comprehensive set of articles on how and why we must tax the rich now to Save Our City!
See:
http://www.sfbg.com/36/40/cover_brutalbudget.html
http://www.sfbg.com/36/40/cover_winnerslosers.html
http://www.sfbg.com/36/40/cover_talk.html
http://www.sfbg.com/36/40/cover_contracting.html
http://www.sfbg.com/36/40/cover_ot.html
http://www.sfbg.com/36/40/cover_payroll.html
http://www.sfbg.com/36/40/summary.html
http://www.sfbg.com/36/40/1994.html
http://www.sfbg.com/36/40/news_ed_reject.html
See:
http://www.sfbg.com/36/40/cover_brutalbudget.html
http://www.sfbg.com/36/40/cover_winnerslosers.html
http://www.sfbg.com/36/40/cover_talk.html
http://www.sfbg.com/36/40/cover_contracting.html
http://www.sfbg.com/36/40/cover_ot.html
http://www.sfbg.com/36/40/cover_payroll.html
http://www.sfbg.com/36/40/summary.html
http://www.sfbg.com/36/40/1994.html
http://www.sfbg.com/36/40/news_ed_reject.html
For more information:
http://www.sfbg.com/36/40/cover_brutalbudg...
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Actually, taxing the rich (beyond the enormous burden we already shoulder on your behalf) would drive out the productive element in a community. Then, all you are left with is the shiftless and poor. And we all know you can't get anything done.
On behalf of all of us "shiftless & poor" folks here, I bid you adieu! Long live high marginal tax rates!
If you tax the rich steeply in one county and not the one nearby, many of them will simply move and a good portion of your tax base will dry up. In fact this is the story of the 80s and 90s. A different strategy might be organizing unions internationally on an industrial basis.
If there was this kind of union in the auto sector it would make no sense to push concessions at one plant and threaten to relocate elsewhere. If every auto worker at said company struck it would be a huge profit loss. Once we have taken control of industries we can then tax income very progressively since most high wage workers need to be where their jobs are at... No, not everyone will become a low paid janitor. Look at Sweeden. There is, to my knowledge, no shortage of doctors and lawyers.
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