|
As to the topic raised in the original post, PA has only tax rate (correct me if I am wrong).
The budget shortfall can be covered by simply raising the rate on wage earners over $500,000 by 1 percent rather than on the backs of teachers.
IMO, the arguments against such a tax are ideological, not economic.
When you cut (or freeze) salaries of the middle class or cut the workforce, you increase the likelihood that many will temporarily turn to other government programs to meet basic needs, so where is the savings?
When you raise the taxes on the top wage earners by a 1 percent, where is the pain and/or sacrifice?
|