For lower-income that owe no income taxes to begin with, you expand refundable credits. In other words, you mail people checks. current policy lingo allows us to call this a "tax cut."
See my paper with Robert Cherry on the EPI web site, "Giving Tax Credit Where It Is Due . . . "
mbs
Max said:
>So far, I
>know of nobody other than yours truly who
>will be proposing progressive tax cuts to
>replace the new law.
Forgive my ignorance Max (and Charles), but how can a tax cut be progressive? Is this a cut from the "middle class" brackets, then, I would hope, added to the wealthier brackets if possible?
Todd