Taxes

Taxes

Public services and infrastructure have deteriorated as government has increasingly shifted the tax burden from corporations to workers. Our long-range goal is a socialist society without conventional taxes, with public services to be funded from the proceeds of social production. We demand:

• Repeal Proposition 13. Tax property for profit, not property for personal use. Remove property taxes on modest owner-occupied homes.
• Repeal the sales tax.
• Include aggregate of real property and stocks, bonds, etc. in a steeply-graduated property tax.
• Restore the renters’ tax credit.
• Double registration fees on luxury vehicles.
• Tax unearned income at a higher rate than earned income.
• Eliminate or reverse income tax on low- and moderate-income families.
• Re-enact California’s unitary tax on multi-national corporations.
• Tax the business activities of churches on the same basis as other organizations.
• Take the cap off social security taxes, make the rates progressive so burden falls on the wealthy.