----- Original Message ----- From: "Jordan Hayes" <jmhayes at j-o-r-d-a-n.com> To: <lbo-talk at lists.panix.com> Sent: Thursday, November 07, 2002 10:54 AM Subject: Re: Fla intangibles tax
> > Meanwhile WA has a $2billion budget deficit.
>
> WA doesn't have an income tax, right? Why is an intangibles tax better
> than an income tax?
>
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Right.
It may or may not be better than an income tax. It would be better than using regressive taxes like gas and sales to transfer funds from the working class to projects that benefit the oligarchy in the state.
Ian