Sunday, March 02, 2008

Kruse Kronicle: Taxing Questions

Kruse Kronicle: Taxing Questions: "Finally, keep in mind the New York Times article two weeks a ago that pointed out that while the bottom quintile has $9,974 in income per household a year it spends $18,153. That means non-cash assistance (as well draws on savings in the case of retired or unemployed payers) nearly doubles the actual income of the bottom quintile.
Rather than populist outcry over 'tax cuts for the wealthy,' maybe we need to look at the whole package of consequences that come from tax policy. Is the final objective really to have all taxes paid by the top 1% of society?"

No comments: