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Grace Ross on Tax Reform |
ROSS: I support the idea that we shouldn't be rolling back the state income tax. Our taxes have gone through the roof because we don't have enough income tax and so the local cities and towns are raising property taxes. Those hit the rest of us. The income tax is the only thing that folks at the top actually have to pay the same amount as the folks at the bottom. Fees and property taxes tend to hit folks at the lower end more.
ROSS: This no new tax pledge -- anybody at the state level who wants to argue that you're not raising taxes because you're rolling back the income tax is just not telling the truth. That's why we've got property taxes at 35% or 42% above what they were before. Our cities and towns are dying, but they need increased minimum wages, help to the small businesses and things like that.
A: No, I support Capital Gains taxes as a beginning of recognized that all income should be taxed and taxes that exempt unearned income contribute to our tax system's present reverse-robinhood effect - benefiting those with the most the most and those with the least the least. In fact I have worked to have capital gains taxed at the same rate per dollar as other forms of income.
A: YES, I oppose reduction of the income tax in general - it is the only progressive tax method in the state and needs to be used to replace other regressive taxes in this state and when combined with other taxes be used to increase the contribution of those at the top of the economic ladder to at least the percentages paid by those with the least in this commonwealth.