Monday, July 31, 2006

The Falacy fo tax cutting

Tax Cuts always:

  • Benefit the wealth most

  • Barely benefit the middle

  • Rarely benefit the poor.

Tax cut are always offset by:

  • Either a reduction of services, usually benefiting the less off in society

  • Increase in user fees, and indirect tax on the poor, again the ones who tend to need the services

  • Redistribution of taxation from the rich to the poor, usually by offering tax loop holes for the investor whish are not available for the worker.
The movement of taxation from corporation, defined as people by law (that's just sick), to the workers. In the 1960's business's share of tax revenue was...

0 Comments:

Post a Comment

<< Home