Say Yes to Progressive Taxation
The New York Times, in an effort to support common-sense progressive taxation across the nation, has endorsed Proposition 15! The paper applauds Prop. 15 for breaking down a decades-old system that favors wealthy corporations in order to increase funding for schools and local communities by over $11.5 billion. Voters must support Prop. 15 for high quality education and a progressive future!
The people of Illinois, Arizona and California have a chance to make the distribution of state taxation a little more fair.
By the Editorial Board, The New York Times | 10/28/2020
Most Americans accept the common-sense case for progressive taxation: Those who have more ought to contribute more to the society that is the foundation of their prosperity. In most American states, however, the distribution of taxation is actually regressive. Those who earn less money pay a higher share of income than the rich in state and local taxes. Voters in Illinois and Arizona, two of the states where taxation is most regressive, now have the chance to make the tax system a little more fair. Ballot measures in both states would shift more of the burden of taxation onto wealthier residents. In California, where the overall distribution of taxation is already progressive, voters can make a change for the better. Read More