Yes, US tax cuts will mainly benefit those who … pay the most taxes on October 9, 2017A popular Facebook and Twitter game asks friends to post an unpopular opinion. Here is an unpopular fact: Tax reformers cannot deeply cut income taxes for lower-income families, because they already pay no collective income tax. Tax reform is intended to bring simplification and economic growth. Yet many commentators seem interested in only redistribution. This […]
Yes, US tax cuts will mainly benefit those who … pay the most taxes on October 9, 2017A popular Facebook and Twitter game asks friends to post an unpopular opinion. Here is an unpopular fact: Tax reformers cannot deeply cut income taxes for lower-income families, because they already pay no collective income tax. Tax reform is intended to bring simplification and economic growth. Yet many commentators seem interested in only redistribution. This […]