Summary
It now seems all but certain that the Legislature is going to pass a new "millionaire's tax," a surcharge on people making $300,000 or more per year, in the name of more property tax relief. The argument will be made that the tax is just, because those people are "not doing their fair share" for society.
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Extract
How Much to Soak the Rich?
For more than a century, a widely shared social goal in all industrialized coun...
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