Saturday, June 6, 2009

Thinking about taxes

Kentucky schools need stable funding, and funding requires a healthier tax system. So, where my brain refused to pay attention to taxes a few years ago, articles are starting to catch my eye.

This piece in the Herald-Leader has an extra short, extra clear description of the challenges:
Kentucky has an income tax, but its limited range reflects 1950s income levels. That means low-income people pay too much and high-income people pay too little. Kentucky has a sales tax, but it covers mostly goods and not services, the fastest-growing part of the economy.
It's also got a sharp statement of two proposals from tenacious legislators, worth everyone's attention, and the author's view of how to choose between them.

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