4 ms·

Cartoonist recommends increasing taxes on the poor

2 points by michaelleland 15y ago

tokenadult 15y ago
It's a doofus rant that misstates federal (and state) tax policy and confuses what the right to vote is for. The general economic theory is that all taxes have "tax incidence" on consumers in general, although the details of which tax has the most incidence on which category of consumers can be a matter of scholarly controversy. http://www.taxpolicycenter.org/taxtopics/encyclopedia/Incidence-of-Taxes.cfm http://www.taxpolicycenter.org/taxtopics/encyclopedia/Incide... http://www.econ.jhu.edu/people/ccarroll/Courses/365/Topics/5-Taxation/Handouts/TaxesHandoutRosenIncidence.pdf http://www.econ.jhu.edu/people/ccarroll/Courses/365/Topics/5... http://www2.econ.iastate.edu/classes/econ301/qiao/taxincidence.pdf http://www2.econ.iastate.edu/classes/econ301/qiao/taxinciden... http://www.taxfoundation.org/research/show/25402.html http://www.taxfoundation.org/research/show/25402.html http://www.heritage.org/research/reports/2004/11/tax-incidence-tax-burden-and-tax-shifting-who-really-pays-the-tax http://www.heritage.org/research/reports/2004/11/tax-inciden... P.S. I appreciate the headline of the submission here on HN, which correctly marked how seriously to take this proposal--not very seriously at all.
dreamux 15y ago
With the government in the hole to the tune of 14T and counting, I think its time for everybody to pay more taxes.
swombat 15y ago
Don't editorialise titles this way. The title is "Tipping Point". If you have an opinion, write a comment.
- michaelleland 15y ago
  Sorry, I couldn't resist. If you read to the end of the article, you'll see why--he specifically called out this title if you'd like to take him out of context.
  - swombat 15y ago
    Hmm, ok... [Note: The best way to quote me out of context is something along the lines of “Cartoonist recommends increasing taxes on the poor!”] I'd he called out against this title, but I can see the temptation. Still... don't editorialise!

2 points by michaelleland 15y ago

It's a doofus rant that misstates federal (and state) tax policy and confuses what the right to vote is for. The general economic theory is that all taxes have "tax incidence" on consumers in general, although the details of which tax has the most incidence on which category of consumers can be a matter of scholarly controversy. http://www.taxpolicycenter.org/taxtopics/encyclopedia/Incidence-of-Taxes.cfm http://www.taxpolicycenter.org/taxtopics/encyclopedia/Incide... http://www.econ.jhu.edu/people/ccarroll/Courses/365/Topics/5-Taxation/Handouts/TaxesHandoutRosenIncidence.pdf http://www.econ.jhu.edu/people/ccarroll/Courses/365/Topics/5... http://www2.econ.iastate.edu/classes/econ301/qiao/taxincidence.pdf http://www2.econ.iastate.edu/classes/econ301/qiao/taxinciden... http://www.taxfoundation.org/research/show/25402.html http://www.taxfoundation.org/research/show/25402.html http://www.heritage.org/research/reports/2004/11/tax-incidence-tax-burden-and-tax-shifting-who-really-pays-the-tax http://www.heritage.org/research/reports/2004/11/tax-inciden... P.S. I appreciate the headline of the submission here on HN, which correctly marked how seriously to take this proposal--not very seriously at all.

dreamux 15y ago

With the government in the hole to the tune of 14T and counting, I think its time for everybody to pay more taxes.

swombat 15y ago

Don't editorialise titles this way. The title is "Tipping Point". If you have an opinion, write a comment.

michaelleland 15y ago
Sorry, I couldn't resist. If you read to the end of the article, you'll see why--he specifically called out this title if you'd like to take him out of context.
- swombat 15y ago
  Hmm, ok... [Note: The best way to quote me out of context is something along the lines of “Cartoonist recommends increasing taxes on the poor!”] I'd he called out against this title, but I can see the temptation. Still... don't editorialise!