Wednesday, August 8, 2007

The Need for Texas to Implement Income Taxes to Close the Wide Wealth Gap

In regards to my classmates blog, I had the following comments: Collins, I agree with your post in its entirety. Texas' wealth gap is one of its major problems; the rich keep getting richer and poor get poorer. It is unfortunate that the Texas government does not see that the poor contribute more percents of their income due to the current sales taxes. Texas definitely needs to implement income taxes in its policies. Hopefully by doing so, Texas will distribute its wealth better and we will not be one of the most poverty-stricken states in the nation anymore. Also, hopefully more funds will be raised from the increased funds received by taxing the rich more. Like you said, these increased funds can be allocated into education, a sector that definitely deserves more attention. Unfortunately, the rich Republicans are now the majority in Congress and consequently these changes will be difficult to meet, even though these are the preferred measures the public wishes were done.

1 comment:

Kris S. Seago said...

Good comment. How do we convince the public that an income tax is a good idea?