Over at BlueNC, James Protzman offers some guiding principles for tax reform.
When Dan Forest takes the stage this afternoon to read what Art Pope and AFP wrote for him, you’ll hear a lot of happy talk about tax simplification and economic growth. Some of it will even sound compelling, wrapped in the promise of prosperity gospel. What you won’t hear, though, is any thoughtful framework for fairness. I believe any responsible approach to tax reform must address the following principles:
- Each of us should pay taxes to fund our government in proportion to the value we gain as citizens living in this state. Personal income is a more effective measure of value gained than personal spending. A progressive, graduated income tax is the most effective approach for addressing this principle.
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Thomas Mills is the founder and publisher of PoliticsNC.com. Before beginning PoliticsNC, Thomas spent twenty years as a political and public affairs consultant. Learn more >