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Re:Chomsky: The U.S. behaves nothing like a democracy by dragonwriter on Monday August 19, 2013 @11:11AM (#6237634)
> Chomsky says that the lower 70% of the population has no effect on policy, but there is plenty of evidence to the contrary. The U.S. system of income taxation is progressive and refundable, meaning that there is substantial transfer of wealth from the richest people to the poorest.

No, it doesn't mean that, because income tax isn't the only tax (or even the only tax on incomes, as the payroll tax, which is regressive, also exists, and, on top of that, forms of income that tend to be distributed more to the richest -- long term cap gains -- have preferential tax treatment over other income), and because while the nominal rates are progressive the distribution of deductions and credits (including refundable credits) are not.

Re:Chomsky: The U.S. behaves nothing like a democracy by twoodfin on Monday August 19, 2013 @02:55PM (#6238916)
Even with preferential treatment of LTCG, high earners still pay a disproportionate share of income taxes (which include capital gains taxes).

The real bias in the tax code is, perhaps unsurprisingly, around the median income, where many expenses that the poor do not incur to the same degree (home ownership, college tuition, IRAs) are highly subsidized, with most credits and deductions dropping off as you hit a higher income level.