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You're the wrong way around on this. The poor pay very little income taxes. It's the upper middle class getting screwed to the benefit of the oligarchs. Of c
by jgalt212 9y ago
You're the wrong way around on this. The poor pay very little income taxes. It's the upper middle class getting screwed to the benefit of the oligarchs.
Of course, the poor are getting screwed, I just don't think one of the ways they are getting screwed is income tax policy.
- pcurve 9y agoEven though they're not paying a lot tax, they are getting screwed because if tax burden is shifted from upper middle to rich, the former would spend more of freed up money than latter on more variety of productive goods and services, which would benefit the poor more.