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The Water Cooler
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State Tax Reform Proposal
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<blockquote data-quote="Rod Snell" data-source="post: 2802091" data-attributes="member: 796"><p>True statement, noble cause, never has worked because "fewer exemptions" turns into "everybody's but MINE!!" In OK, reducing top rate and eliminating exemptions on personal income tax amounts to a tax increase on those least able to pay and a tax break for those making the most.....oh, yeah, that's going to attract attention!</p><p></p><p></p><p></p><p>Personally, I would rather the legislature grow a pair and solve the corporate tax directly, which they have the power to do, difficult or not. It their collective fault if it is a joke now.</p></blockquote><p></p>
[QUOTE="Rod Snell, post: 2802091, member: 796"] True statement, noble cause, never has worked because "fewer exemptions" turns into "everybody's but MINE!!" In OK, reducing top rate and eliminating exemptions on personal income tax amounts to a tax increase on those least able to pay and a tax break for those making the most.....oh, yeah, that's going to attract attention! Personally, I would rather the legislature grow a pair and solve the corporate tax directly, which they have the power to do, difficult or not. It their collective fault if it is a joke now. [/QUOTE]
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