1/12/2004

Another Republican for (comparatively) progressive taxation: Chichester's plan would raise the sales tax by 1-cent, increase the state's tobacco tax to 35-cents per pack and increase income taxes for people who make over $100,000 of taxable income. He would also raise the gasoline tax by 3-cents per gallon, increase the sales tax on cars from 3.5-percent to 5.5 percent and impose the sales tax on gasoline, which is currently exempt. He would also give new tax breaks to lower-income workers and would eliminate $12,000 tax breaks for any senior who makes more than $52,000 a year. The plan shifts money back and forth from the state's transportation fund and the general fund, which finances state operations. But when all is said and done, the state would have about $725 million more each year to spend on road and transit projects throughout the state. "I can't be shy," Chichester said of his plan. His colleagues, it seems, are less than pleased.

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