Thursday, January 27, 2005
David Spackman throws out some really interesting ideas about changing the structure of our state and local tax system. Essentially, he advocates starting from scratch and using income taxes and usage fees in place of every other tax, including sales and property taxes. While I see problems in trying to make such a major shift in our tax policy, it is definitely worth considering and studying. I wonder if some of our Universities will make some studies of these issues and provide some meaningful numerical projections rather than vaugue hand-waving. I wouldn't be comfortable even experimenting with such a change without a lot of hard data.