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Fair enough. For what it's worth, according to the President's Advisor Panels and the Brookings institute, this would raise taxes for the bottom 90% of taxpayer
by Locke1689 16y ago
Fair enough. For what it's worth, according to the President's Advisor Panels and the Brookings institute, this would raise taxes for the bottom 90% of taxpayers and drop taxes for the top 10%. http://www.brookings.edu/papers/1998/03taxes_gale.aspx http://www.brookings.edu/papers/1998/03taxes_gale.aspx
Reading his paper it seems like this idea has some merit but this implementation is also fairly suspect.