The Slightly Progressive Payroll Tax

Max B. Sawicky sawicky at epinet.org
Sat Apr 29 10:43:38 PDT 2000



> Um Max, don't the top 10% own most of the wealth in this country? A tax
> that's progressive up until that point seems downright regressive.
> Unless I'm drastically misunderstanding.
>
> Michael

We might not like the overall pattern, but the (small) point is that the tax is both progressive and regressive, depending on what part of the income spectrum you are looking at.

mbs



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