Commentary
Invert State Tax Structures To Eliminate State Budget Deficits
In 2002 and 2010, Green-Rainbow Party gubernatorial candidate Jill Stein proposed to level the tax rates so that low income owners would no longer pay at a higher effective rate. She said this would largely resolve the budget deficit without raising the question of why one group should pay at a higher rate than another. Stein asserted that a regressive tax structure was not only unfair, but would never raise adequate revenues. Now United for a Fair Economy has issued a study that largely confirms Stein's points.
