21 Eylül 2012 Cuma

Taxes For Everyone

That seems to be the proposal of one candidate in Virginia.  Virginia Senate candidate Tim Kaine says that he would be comfortable with a proposal for a "minimum tax level for everyone".

Well, hell, Tim, so would I.  Let's get that 47% paying their fair share.  It's a great idea, and with bipartisan support, we might be able to get the deficit down to some rational level.  Like zero.
Instapundit has more thoughts, and he proposed them almost four years ago.
On a related note, I think we should rethink this business of having lots of Americans who don't pay income tax. As theTax Foundationcomments: "It is time for a serious public discussion of whether it is desirable to have so many Americans disconnected from the cost of government and what the consequences are of using the tax system as a vehicle for social policy."
Personally, I'd like to see everyone pay at least some income tax, and I'd like to see the amount of tax paid, by everyone, go up or down every year in tandem with federal spending. That would encourage fiscal discipline directly. It would also make it harder for politicians to promise everybody a free lunch, but hey -- why shouldn't they sacrifice something, too?
I concur. It sounds like an idea with broad bipartisan support. Let's get behind it.

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