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Reply #3: Marginal rate decreases always help the "investors-class" [View All]

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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-05-09 09:07 AM
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3. Marginal rate decreases always help the "investors-class"
Marginal tax cuts mean they only apply on the top end, they are never cuts for the poor or even middle class, who didn't pay the higher marginal rate in the first place. So you have the rich investor-class, as you called them, now having even more and as you might expect of those who own most of all that is in the first place, when they get more they buy up more. And the stratification of society grows greater.

Of course tax revenues lost on the top end that aren't made up for by the middle or lower end results in either services of less quality or less services in total. The roads crumble, regulation is not enforced for lack of personnel (food inspections ring a bell), things like that.

Make sense?
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