Coffee Cakes wrote:Nationstatelandsville wrote:
Taxing people could be said to be necessary for a complete economic recovery.
Of course, that depends on how much.
With the high unemployment we have, and the damage he did the the rainy day fund our state had, you've have to tax all the wage earners at 85% to get out of this hole.
Massachusetts will come out of this just fine. Taxes on all levels should remain at the same marginal rates for wage earners, should be raised on capital gains, and should be extremely heightened for large corporations, while the gains there should be lowered for smaller business owners.
From there, we simply rely on credit and let the growth of the economy fill the budget naturally.