The problem with a "modest" tax - on anything - is that taxes always grow. They're very hard to control once enacted. It's another $$ pie for the politicos. So, a two cents tax today is soon going to be a two dollar tax, then a twenty dollar tax, etc. That's how it works. We've all seen this time and time again.
I find this tax proposal interesting, given where people reside. You're living in Florida. Yeah, yeah...warm weather. Gotcha. But there are plenty of southern states with warm weather. What there aren't plenty of is states with no state income tax. Those are in the minority. Wasn't the no-state-income-tax a consideration when moving here? It certainly is for me. So would you (a tax advocate) prefer just a federal tax for debt relief, or would you also rally for a state income tax, as well? This isn't meant to be a facetious question. I'm just wondering where the line is drawn on this from a personal perspective.
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