America’s current tax system, another example of government run amuck, is generally perceived as unfair, overly complex, full of loopholes and desperately in need of a major overhaul. Yet, as with campaign finance reform and a host of other important issues, our elected representatives seem impotent and/or lacking the political …
“The power to tax involves the power to destroy.”
John Marshall
It has become almost axiomatic for politicians harvesting votes from lower and middle class constituencies to preach a “tax the rich” message. It plays on the frustrations of individuals who have seen their tax rates balloon during the past decade …
The continuing frustration over dramatic, annual increases in local property taxes has not only divided many communities . . . but, according to some recent polls, it has finally convinced a majority of New Hampshire residents that a broad-based sales or income tax is essential.
This significant shift in public opinion …