Ballot Measure Aims to Wreck Massachusettes Government

By seeking to completely eliminate the state income tax, currently at 5.3%

http://www.nytimes.com/2008/09/28/us/28ballot.html?th&emc=th

Cutting government waste is a noble, if quixotic, goal.  But I don’t think a state government can recoup $12.5B in lost revenue by cutting waste.  What they’ll have to do is hike property, sales, and other taxes to compensate.  So it won’t get the Massachusettes taxpayer anywhere, and will almost certainly end up hurting some segments of the population, like landowners or retail-based business owners and employees.  The income tax spreads the pain across all wage-earners in the state.

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