Friday, June 12, 2009

Schwarzenegger suggests state consider flat tax

California
Gov. Arnold Schwarzenegger said today that he would like to see such “radical” proposals come out of a commission now studying an overhaul of the state’s tax system. The governor told the editorial board of the Sacramento Bee that he hoped the commission would not be afraid to propose something like “a 15% straight tax.”

“That’s the kind of radical, daring kind of a proposal that I want to see on the table so we can look at it and say, ‘Oh, let’s study this, maybe that is the way to go,’ ” Schwarzenegger said during the discussion, which was webcast.

The current system, based on highly unstable income tax revenue that fluctuates with the economy, “doesn’t work,” Schwarzenegger said.

Advocates of a flat tax, which applies a single tax rate to all income, say it increases compliance with the tax codes because it is so simple and easy to understand. But opponents dislike that it taxes the wealthy at the same rate as the poor.

[Note that a15% state income tax represents a near doubling of the current 8% average - probably just an innocent slip.

And as long as the states controlled by liberals, a perfectly progressive flat tax will never be acceptable: it undermines the divide and conquor class warfare relied upon by the left to retain power. We want it done, we'll have to do it with a grass roots initiative - our politicians never will. ]


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image toon cali mny fnn = Beverly Hillbillies moving out of CA due to taxes

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