Grace Ross on Budget & Economy


Shift $3B in more taxes on very rich by flattening tax rates

Q: Your platform calls for ending poverty, for universal healthcare, for providing affordable housing, all very admirable goals. How are you going to pay for them?

ROSS: Well, it's very straightforward. If you add together all the many taxes that everyone's been talking about and you look at who pays those taxes it turns out that the folks at the bottom pay about twice out of every dollar what the folks at the top do. So if we had a system that was even flat, not just for income tax but for all taxes, we would have about $3 billion more, mostly coming from the folks at the very top. So that's $3 billion more in a $22 billion budget. Then if we look at an issue like we spend about a billion dollars a year on sweetheart siting deals for big corporations--we have a very uneven system. That's a billion more dollars in our budget, combine reporting for corporations, which requires them to actually pay for the business they do in Massachusetts, we get almost $5 billion back with all of those.

Source: 2006 MA Gubernatorial debate on Fox News with Chris Wallace Sep 25, 2006

Other governors on Budget & Economy: Grace Ross on other issues:
AK Frank Murkowski
AL Bob Riley
AR Mike Huckabee
AZ Janet Napolitano
CA Arnold Schwarzenegger
CO Bill Owens
CT Jodi Rell
DE Ruth Ann Minner
FL Jeb Bush
GA Sonny Perdue
HI Linda Lingle
IA Tom Vilsack
ID Dirk Kempthorne
IL Rod Blagojevich
IN Mitch Daniels
KS Kathleen Sebelius
KY Ernie Fletcher
LA Kathleen Blanco
MA Mitt Romney
MD Bob Ehrlich
ME John Baldacci
MI Jennifer Granholm
MN Tim Pawlenty
MO Matt Blunt
MS Haley Barbour
MT Brian Schweitzer
NC Mike Easley
ND John Hoeven
NE Dave Heineman
NH John Lynch
NJ Jon Corzine
NM Bill Richardson
NV Kenny Guinn
NY George Pataki
OH Bob Taft
OK Brad Henry
OR Ted Kulongoski
PA Ed Rendell
RI Don Carcieri
SC Mark Sanford
SD Mike Rounds
TN Phil Bredesen
TX Rick Perry
UT Jon Huntsman
VA Tim Kaine
VT Jim Douglas
WA Christine Gregoire
WI Jim Doyle
WV Joe Manchin III
WY Dave Freudenthal
Civil Rights
Foreign Policy
Free Trade
Govt. Reform
Gun Control
Health Care
Homeland Security
Social Security
Tax Reform

Search for...