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I'm not going to debate the meaning of "social justice" with you, because I suspect you'll just keep moving goalposts. That said, fairness matters. Taxes as a
by beat 11y ago
I'm not going to debate the meaning of "social justice" with you, because I suspect you'll just keep moving goalposts.
That said, fairness matters. Taxes as a percentage of income should be, at bare minimum, flat. It's generally accepted that they should be progressive - that the wealthy should pay a greater percentage than the poor, because they are more able to afford it, and because the high-velocity money of the poor and middle class boosts economic growth more than the low-velocity money of the rich.
So when someone as wealthy as Mitt Romney is paying less than half the effective tax rate of people who actually have to work for a living, it's unfair. And this tax break to someone so rich - a break of well over a million dollars - has to be made up by the taxes of others. His cut increases the tax rate on hundreds of working families. That's terrible social policy.