Wednesday, March 28, 2012

Madison's Present 2nd Article

McKenzie Fink

NC Times

Brown Defends tax plans, says money goes to schools

http://www.nctimes.com/news/state-and-regional/brown-defends-tax-plan-says-money-goes-to-schools/article_36584269-4ce1-5794-9995-4a28e3ad4412.html

This article is about how Governor Brown defends the tax he has created, saying all of the money from the tax goes to schools.

The article is about how Governor Jerry Brown is defending his new "millionaires tax" by saying 100% of the taxes would go right to the schools. Not only that, but his plan "would help cover the state's budget deficit, provide money for local law enforcement, and prevent deeper cuts to education and other services." Plus, the tax would give money to counties with lower-level offenders that are being sent to jails instead of state prisons. His opponent, Molly Munger, is saying that Brown is being untruthful by saying all of the money will go to the schools. However, he insists that the tax was created for the schools and that's where the money would go. His tax plan is mainly aimed at the wealthier people. "Anybody who makes $250,000 becomes a millionaire very quickly if you save it. You just need four years," Brown said. "It is a millionaires tax. It taxes millionaires, right? And it's for schools." It seems to be that the government is actually trying to clean up their act, and are actually taxing the rich more than the less-wealthy people. Or is it all just a ruse?

Questions:
  1. How much of the money actually is going to the schools?
  2. Whose plan actually is better: Brown's or Munger's?
  3. Can people really afford the tax Brown is creating?
  4.  How does Brown plan to accomplish getting his new tax to be accepted and effective?
  5. Will Brown's tax actually work?
Concerns:
  1. Will Brown really give all of the money to the schools?
  2. Will the tax actually benefit the schools?
  3. How does the millionaires tax work (what is the tax on?
  4. Why didn't the government have a backup plan in case this happened?
  5. What will happen if this tax does not work?

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