SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : View from the Center and Left
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TimF who wrote (92587)10/31/2008 7:29:01 AM
From: thames_sider  Read Replies (1) of 541556
 
But if the rich are paying less tax there is necessarily *less* to redistribute
==> the poor who previously relied more heavily on the redistribution get poorer.

Incidentally I think the last 8 years have proved as a practical experiment that cutting taxes, especially those taxes paid by the richest, does not improve the wealth of the majority (~85-90%), and still less does it allow/help the poorest to gain: nor does the state get more money overall as a result of faster growth growing the tax base.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News