Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
The 1970 Constitution requires that the amendment itself, not a narrative explaining the effect of the amendment, be submitted to the electors. So what isn’t on the ballot is anything showing the removal of that part of the current Constitution that limits the number of taxes that can be imposed on income to only one. So, as I understand it, if the referendum passes, the State could impose a traditional income tax at a graduated rate, and then levy another tax…call it an “Emergency Covid Surcharge”…on that same income, and at whatever rate might be needed to raise the desired… Read more »