Well, we all knew this was coming. A New York Times editorial quite strongly suggests that income tax rates in our nation should now be raised as a result of Hurricane Katrina:
Congress and the president had better get the message: an extraordinary time is upon the nation. The annihilation in New Orleans is an irrefutable sign that the national tax-cut party is over. So is the idea that American voters cannot be required to accept sacrifice or inconvenience, no matter how great the crisis. This country is better than that.
Yep. With higher fuel prices, along with what are sure to be higher heating and electricity bills this winter, what all those suffering from hurricane damages definitively need is higher federal income taxes.
