YET, AFTER WINNING ELECTION BESHEAR MUST CUT: (AMOUNTS ESTIMATED)
$350 MILLION STATE TAX EXPENDITURES
$400 MILLION CORPORATE TAX SHELTERS
$100 MILLION NON-MERIT WORKERS' MAKING $100,000 PLUS, ANNUALLY
$ 40 MILLION FROM REDUCING TO 17 NUMBER OF PVA'S AND SUPERINTENDENTSTHEN,
COLLECT $300 MILLION DOLLARS OF MOTOR VEHICLE TAX EVASION;THEN,
PROPOSE TO LEGISLATURE PASSAGE OF LOCAL TAX OPTION TO RELIEVE LOCAL GOVERNMENTS OBSOLETE TAX RATES; I.E., 55% LOCAL TAX RATES DEFICIENT AND 37% BREAKING EVEN;
PROPOSE PASSAGE OF 2006 H.4. 698 ALLOWING LAW ENFORCEMENT OFFICERS A "STIPEND" FOR HELPING JUSTICE CABINET'S STATE POLICE DIVISION OF COMMERCIAL ENFORCEMENT OFFICERS & DEPARTMENT OF REVENUE LOCATE, IDENTIFY, BILL AND COLLECT MOTOR VEHICLE TAX EVAVSION;
COMBINE WEIGHT-DISTANCE AND MOTOR FUELS TAX REVENUES WITH TRUCK REGISTRATION FEES PRIOR TO ELIMINATING TRUCK WEIGHT DISTANCE TAX; I.E., REVENUE NEUTRAL;
INCLUDE LANGUAGE IN KRS TO INCLUDE "SERVICES" IN KY OBSOLETE TAX BASE;
Income inequality feeds deprivation, isolation, homelessness, inadequate school systems, and lack of social cohesion.
What can a state do to help defeat income disparity?
States can place more emphasis on generating tax dollars through income taxes rather than sales taxes. Why? Because in good economic times income taxes boosts so many people into new affluence, what better vehicle than new or increased income taxes to give the poor at least an ever tax break?
It’s no joke. Sales taxes may self-destruct. If you think that’s chimerical, just consider what William Schrader, founder of a leading internet access provide in Virginia, recently told The Washington Post’s Peter Behr: “Where’s the buyer (on the Internet)? The buyer’s in the ether. There’s no way to track the buyer. The location of the purchase could be a Web site in Canada. The actual product could be shipped from Brazil and delivered to a warehouse in France. Who wants to tax that? It won’t be done…The sales tax is over. If you don’t like that, get a grip.”
But income taxes are equitable and collectible.
Therefore, the fact sales tax will began vanishing will force states to raise income taxes.
January 2000 the Center of Budget Priorities and the Economic Policy Institute
