Up-to-date analysis of the local political landscape
Tuesday, May 14, 2013
100 New Taxes Proposed by the Republican NC Senate
Phil Berger's "Tax Fairness Act" (HEE-HA!) would add 100 new services subject to sales taxes, putting the burden on working-class North Carolinians, while lifting the tax burden on the wealthy and on corporations.
"Tax Fairness"? As if.
4 comments:
Anonymous
said...
How much will it cut their over all tax payments considering income tax?
People on the lower end of the income spectrum usually pay little or no income tax, but they will certainly pay a LOT in sales tax, since they spend most of their income on goods (like food). This is yet another way to give the rich a break while shifting the burden onto the middle and lower classes.
Hey the Repugs in Raleigh have already raised the tax on about 1 million North Carolinians by doing away with earned income credit. That's one million working poor.
J.W. Williamson was the founding editor in 1972 of the Appalachian Journal: A Regional Studies Review, which he edited until July of 2000. He has taught college classes in Appalachian history, cultural politics, and literature, and he has lectured widely on the pop-culture history of "Appalachia" in the American consciousness. His books include Interviewing Appalachia, Southern Mountaineers in Silent Films, and Hillbillyland: What the Mountains Did to the Movies and What the Movies Did to the Mountains. He has won the Thomas Wolfe Award given by the Western North Carolina Historical Society, the Laurel Leaves Award given by the Appalachian Consortium, a special Weatherford Award given by Berea College, and the Cratis Williams-James Brown Award given by the Appalachian Studies Association.
The views expressed on WataugaWatch are solely those of J.W. Williamson or individual contributors and are not necessarily shared nor endorsed by the Watauga County Democratic Party nor by any other adults of sound mind in this or any other universe.
4 comments:
How much will it cut their over all tax payments considering income tax?
none: earned income credit is gone too, so the one percentage point drop in income tax is window dressing.
People on the lower end of the income spectrum usually pay little or no income tax, but they will certainly pay a LOT in sales tax, since they spend most of their income on goods (like food). This is yet another way to give the rich a break while shifting the burden onto the middle and lower classes.
Hey the Repugs in Raleigh have already raised the tax on about 1 million North Carolinians by doing away with earned income credit. That's one million working poor.
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