Progressive taxation

MANIFESTO

Connecticut's plutocrats are already howling over this, but it's about time Connecticut's legislators came up with a rational taxation policy. The state's Democrats are proposing a bill wherein

The state's richest residents — those earning more than $1 million annually — would see their income tax rates increase by nearly 60 percent under the plan ... In a stronger-than-usual statement, [Governor] Rell said flatly that she would veto the Democrats' proposal if it reaches her desk.

It looks like the legislation would be veto-proof; of course, we'll see whether this is true.

This, of course, is only a start toward a fairer policy, but at least the foot is in the door.