Effective Tax Rates- taxes on the wealthy spurring surplus

Max Sawicky sawicky at epinet.org
Sun Jan 31 09:11:44 PST 1999



> Regarding what Nathan wrote below, ordinary people have seen
> there standard of living fall, and cutting taxes is one of the few
possible ways in
> which they can hope for improvement. You are underestimating the ability
of the
> leaders to confuse the issue.

They are not necessarily so confused. If the choice is tax cuts versus debt reduction, it's not obvious that tax cuts aren't a better choice. Even a couple hundred bucks a year is better than nothing.

mbs



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