Friday, March 20, 2026

Graduated income taxes are a good compromise.

I'm not for "sticking it to the rich" with massive taxes, but I am for graduated income taxes with the rich getting taxed more.

I have said I support Washington State's millionaires tax, but I understand that we still need entrepreneurs and businesses to thrive for our economy.

Any tax, even just on the very wealthy, does have consequences felt down the line, including on upper middle class. The short term effects on prices and jobs are usually passed on to the public.

There's no total "free lunch," but in the long run, spending by government is needed for infrastructure, education and other things benefiting prosperity and society.

There is a balance that could be called a sweet spot between the extremes.

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