I see it from a different point of view I guess. I've never understood why people say the rich should pay a higher percentage of their income in personal federal income tax. We are told that the reason we pay income tax is to pay our fair share of all the services the federal government provides -- national security, police, courts, infrastructure, public social goods, etc.. Do rich people (> $100K AGI) disproportionately benefit from these services? I don't think so. So why should they have to pay a disproportionately higher amount of money to sustain them? Surely the argument isn't just because they have more. Otherwise, to be consistent, you'd have to argue that rich people should have to pay more for a gallon of milk than you or I do too.
Besides, as a category, I think
the top 10% of income tax payers pay close to 2/3 of all the income tax. And upwards of 40% of all filers in this country end up paying
no income tax. That hardly seems fair when you consider that they're benefiting from so-called "critical government services" too.
I don't know enough about corporate income tax to have an opinion.
Alaska is one of about ten or so states that doesn't have an income tax. We also don't have a sales tax. And to boot, the state pays every one of us an annual dividend from interest on the
permanent fund. We all got $1107 last year -- yippee, free money! Lately our "representatives" in Juneau have been hollering that they're in fiscal trouble like all the other states, but understandably no one is feeling too sorry for poor old Alaska when the market value of our (they keep assuring us the money belongs to
The People®) permanent fund is in the neighborhood of $25 billion (yes, BILLION), with a total population of about 500,000 people mind you.
Kerry doesn't stand a chance in Alaska given his intractable opposition to opening
ANWR. Hell, even the Alaska democratic delegation nearly broke ranks with their national party. They almost withheld their support for Gore at the national convention in LA four years ago because of his opposition to ANWR. Again, not that anyone really cares about Alaska's paltry number of electoral votes (hanging chads notwithstanding).