Socialist Party on Tax Reform
Socialist Party Platform
Steeply graduated income tax, capital gains, & luxury tax
Source: Socialist Party USA: 2013-2015 National Platform
, Nov 4, 2014
- We call for a steeply graduated income tax and a steeply graduated estate tax, and a maximum income of no more than ten times the minimum. We oppose regressive taxes such as payroll tax, sales tax, and property taxes.
We call for the restoration of the capital gains tax and luxury tax on a progressive, graduated scale.
- We call for compensation to communities-- and compensation, re-training, and other support service for workers-- affected by plant and
military base closings as stop-gap measures until we reach our goal of creating a socialist society totally separate from the global capitalist economy.
We support tax benefits for renters equal to those for homeowners.
- We call for the elimination of subsidies and tax breaks that benefit corporations and all other forms of corporate welfare.
Steeply graduated income tax and estate tax
We call for a steeply graduated income tax and graduated estate tax, plus the restoration of capital gains and luxury taxes on the same basis. We also oppose regressive taxes such as payroll tax, sales tax and property taxes.
Source: Interview of Socialist nominee Brian Moore with OnTheIssues
, Apr 3, 2008
Limit maximum income to 10 times minimum income
Brian supports these summary positions from the Socialist Party Platform:
Source: Presidential Socialist nominee website, VoteBrianMoore.com
, Dec 23, 2007
- minimum wage of $15 per hour, and cost-of-living increases
support livable guaranteed annual income
- call for a steeply graduated income tax and estate tax, and a maximum income of no more than 10 times minimum.
More progressive taxation; especially on runaway industry
We call for a steeply graduated income tax, and a maximum income of no more than ten times the minimum.
We call for full disclosure of corporate plans to close and relocate plants, a punitive tax on runaway industry, and compensation
for the workers and communities affected by plant closings.
We support a single-payer National Health Program, publicly funded through progressive taxation, and controlled by democratically elected local boards.
Source: Socialist Party Platform (via 2000 nominee David McReynolds)
, Jan 1, 2000
1% room-and-meal tax instead of property tax
The property tax, the major source of funding for education and municipal services in VT, is regressive because it is not based on ability to pay.
Many senior citizens and working people were (and are) paying far more in property taxes than they can afford on their limited incomes. For 7 straight years I did not raise the general property tax for homeowners in Burlington.
At the same time, I fought hard for more progressive forms of taxation.
We did become the first municipality in Vermont to develop alternatives to the property tax.
After a major struggle against many of the restaurant owners, we implemented a 1% room-and-meal tax. We also passed a classification system of taxation which raised to 120% the tax rate on commercial and industrial property.
Source: Outsider in the House, "Socialism in One City," p. 62
, Jun 17, 1997
- Click here for definitions & background information for the Tax Reform.
- Click here for VoteMatch responses for the Socialist Party.
Other political parties on Tax Reform:
Socialist Party on other issues:
Natural Law Party
George W. Bush(R,2001-2009)
George Bush Sr.(R,1989-1993)
John F. Kennedy(D,1961-1963)
Harry S Truman(D,1945-1953)
American Civil Liberties Union
Page last updated: Sep 07, 2020