Debra Medina Is No Jefferson
Thomas Jefferson Rebukes Debra Medina
by Keith Gardner
March 2, 2010
Elimination of all property taxes would result in corporations and wealthy people buying land as a store of wealth and a means to extract labor from renters. This would drive up the cost of land, making it more expensive for average Texans, turning them into rent slaves. Debra Medina’s tax plan was written by a neocon, Arthur Laffer, the father of trickle-down and deficit spending Reaganomics, so there is no wonder Debra Medina campaigns like a neocon.
Debra Medina is no Thomas Jefferson either. I suggested a simple solution to just eliminate property taxes up to a certain amount for an individual. Thomas Jefferson also made this same suggestion. This could be further improved by offering a prebate to renters who are not land owners.
“Another means of silently lessening the inequality of [landed] property is to exempt all from taxation below a certain point, and to tax the higher portions or property in geometrical progression as they rise.” — Thomas Jefferson – More here.