Attention Conservation Notice: This begins with a note about Alabama politics, then discusses equitable taxation in general, mentioning Winston Churchill.
Today the Alabama legislature’s Republicans are expected to rally (for the fourth time this session) around the medieval principle of “might makes right” — especially its fiscal corollary: that the state should tax heads, but wealth should be tax-exempt.
In brief, taxes are for little people. So the state tax on groceries will survive another challenge today, in order that a state income tax shelter for the super-rich can be saved. (Prior posts are here, here, and here.)
This is an ancient principle that keeps democracy in check: Peasants pay taxes. Castles are exempt. Corporations are modern-day castles. Continue reading “How much have you got? How did you get it?”