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hfojvt

(37,573 posts)
14. you can be as socialist as you want
Thu Jan 3, 2013, 04:02 AM
Jan 2013

but it is just silly to say that the tax code become more progressive by giving bigger tax cuts to people with higher incomes.

That is not a good definition of progressive.

It reminds me of George W. Bush arguing that his tax cuts made the tax code more progressive.

Right, tax cuts that favor the rich make the tax system more progressive.

Tell me another one. Do tax cuts also lead to higher revenue too, and job creation?

Taxing dividends at 20% (the deal) is more progressive than taxing them at 39.6% (if the Bush tax cuts had expired)? Who knew that lower tax rates for the rich created more progressive taxes?

Latest Discussions»General Discussion»Tax Policy Center: Averag...»Reply #14