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Pastimes : My House
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To: Solon who wrote (2348)10/7/2002 9:26:31 PM
From: TimF  Read Replies (1) of 7689
 
Assuming taxes are not in general going down but rather either going up or fluctuating around a certain level, if most of the costs goes to the rich each time and most of the benefits go to the poor and the middle class, the tax rates for the rich have to go up. The ration of the increases to the decreases will be greater then 1 to 1.

It is true that if the overall decreases are larger then the increases, in other words if the tax burden is going down, that the rich could get a bigger and bigger share of the burden while not paying higher taxes but I can't think of any sustained period in US history where US federal taxes kept going back.

Tim
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