Re:The Economic Consequences of Major Tax Cuts for the Rich ...
by bcrosby95 on Monday July 26, 2021 @02:06PM
(#27962872)
The lowest tax bracket in the USA is $9k. That is below the poverty line in the USA at $12k for one person. Most people max out $9k. Even poor people. The rich will never benefit more from a tax cut there than the poor.
Where they do benefit is when you, say, lower every bracket by 2%. But that is fundamentally different from your proposition.
Where they do benefit is when you, say, lower every bracket by 2%. But that is fundamentally different from your proposition.