We need to close existing tax loopholes and end the corporate welfare going to the wealthy friends of politicians. These favors give unfair and arbitrary advantage to industries with influence on Beacon Hill,
impeding competition and discouraging innovation. Closing these loopholes can easily generate a billion dollars in revenue - more revenue than is lost in giving low and moderate income taxpayers the tax break they deserve.
Source: Campaign web site, www.JillWill.org, "Issues"
Oct 9, 2002
Replace "trickle down" with 50% tax cuts on lower incomes
The goal of our first administration will be to create a system in which the total tax burden is the same-as a portion of income-across the income spectrum. As part of this we will cut the income tax burden of low and moderate income people in half.
By putting additional income in the hands of lower income people, this tax cut will provide a stimulus to the economy. On the day I'm elected governor, the trickle down theory of economics is dead on Beacon Hill.
Source: Campaign web site, www.JillWill.org, "Issues"
Oct 9, 2002
