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Economy and Taxes
We support a tax system that treats work and
investment income equally, is based on ability
to pay, and has a progressive income tax as its
core. We must reduce our dependence on
regressive levies such as property and sales
taxes. Taxation of land should be according to
use. Property taxes should not be the primary
source of school funding.
The state
must equitably fund local units of government,
including school districts, and remove revenue
caps.
We oppose welfare for big
business and the wealthy in the form of
handouts, tax breaks, or tax loopholes. We
support tax policies that create long-term
economic development, good jobs, and
environmentally sound development of affordable
housing.
We oppose tax cuts for
the wealthy that shift wealth inequitably away
from middle- and low-income people and fail to
spur economic development or job growth.
Deficits weaken the economy and the
ability of governments to implement necessary
programs. The federal deficit and the state
structural deficit should be eliminated.
Businesses must stop avoiding taxation
by nominally locating offshore.
We
support fair, indexed estate taxes.
Leases for commercial use, or extraction of
resources from, public land should be at fair
market value and permitted only for
environmentally sound activities.
We proudly support our state's cooperatives,
which are community owned and operated
businesses.
