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Aug
12

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.