Charlotte-area television viewers learned more last night about the problems associated with extending the state sales tax to selected services, while leaving others free from taxation.
Be sure to watch the WSOC story to get Joe Coletti’s take on the issue.
Roy Cordato explored this issue in greater detail within his recent report on tax reform:
Boosting prosperity and freedom requires a tax
system that emphasizes “neutrality and simplicity,” Cordato said. “By
neutrality, we mean tax policy should strive neither to penalize nor
favor taxpayers’ decisions about how much time to work versus pursuing
leisure activities, how much money to save or invest versus how much to
spend, what kinds of goods and services to purchase, and what kinds of
investments to make.”
