3 ms·
> Taking away a tax deduction is equivalent to raising taxes The burden (the cost source of the tax) exists. How the burden is served can leverage individual s
by jack9 10y ago
> Taking away a tax deduction is equivalent to raising taxes
The burden (the cost source of the tax) exists. How the burden is served can leverage individual self-interest to create, maintain, or change behavior (tax deducations). A change in available cost sharing tactics (taking advantage of a burden reduction as it exists or does not) is not a change in the burden. It is not the same as raising taxes (ie tax rate).
I am not interested in stepping into how terminology between rates and fixed fees is confused across a multitude of localities.