To the editor:
It was refreshing to read your editorial “Lawmakers should refocus on sales tax” on Dec. 5. It is well-known that a sales tax (or any flat tax) is regressive. Lower income families pay the same rate as the rich, and, since poorer people spend just about every dollar they earn, a sales tax hits them hardest. High earners tend to save and enjoy various tax shelters, so that a sales tax takes a smaller bite of their income.
Even Barbara Anderson, in her Saturday column, favorably mentions “ ... the bipartisan Tax Fairness Commission,” which is looking at a graduated tax. Here’s hoping that Republicans and Democrats can find some common ground here. We can have a fairer tax system and get rid of our retailers’ competitive disadvantage with New Hampshire by graduating income tax rates (current practice at the federal level) so that revenues will allow elimination of the sales tax.
Looks like a win/win. I look forward to continued editorial support of progressive tax plans in The Daily News.