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COVID-19 Unveils Need for Fair Taxation Movement at the State Level

Originally published at http://www.commondreams.org/views/2020/06/09/covid-19-unveils-need-fair-taxation-movement-state-level

I would like to see tax cuts made equitable and based on need not greed.

Unfortunately, the author fails to understand that the rich are mobile and will vote with their feet.

Notice how NY, CT, IL, NJ and CA are all experiencing an outflow of high end taxpayers, while FL, NH, TX and NV are all experiencing a steady inflow. It only takes a handful of hedge fund managers and CEOs to unbalance a budget.

We need a fair “everything” movement at every level, not just state.

Cap personal wealth at 999 million - no billionaires. Everything else goes back into the commons.

Is it not yet obvious the dangers of having so much wealth in so few hands?