Taxes on inheritance and capital gains are nothing or minimal and sales taxes are high, about 16%, so it's incredibly regressive. Tea Partiers, look it up: regressive. Sorry to use big words.
Of course, the position of the state's governing elite, who were bought on the cheap (at) by a discount chain called Rose's, is that it will somehow work out, as with all tax cuts.
Through a miracle and magical thinking cutting taxes on the rich benefits everyone and the overall economy and doesn't create deficits, a Republican perpetual motion machine.
And, if you believe in that...
No comments:
Post a Comment