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To: hripka
When you raise tax on the affluent it increases the total tax take of the Feds, adversely impacting the consumer prices the financially challenged must pay. The impact is disproportionately negative because of their smaller incomes.

What kind of a leap of logic is this?

A pretty good one actually. Taxes & the costs of complying with them get passed on by business(the affluent being the owners thererof) and embedded into consumer prices, the point of the article remember?

Under the income/payroll tax system, those in the lower wage brackets not only get hit with income and payroll taxes at the front end reducing their discretionary income, they must expend nearly all they receive merely surviving with little to nothing left for investment above and beyond a hand to mouth existance. As a consequence the current income/payroll tax system impact the lower income brackets in a disproportionate manner, in comparison to those better off who have something left for investment after meeting survival requirements.

61 posted on 04/18/2003 9:02:03 AM PDT by ancient_geezer
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To: ancient_geezer
The *affluent* being the owners of business? There are MANY *affluent* people who don't own businesses. How does raising the tax rate on them hurt poor people?

I think you are missing the point of the original article, that *affluent* people are being taxed, letting the poor off the hook in paying taxes. Please go back to the beginning.
65 posted on 04/18/2003 12:10:31 PM PDT by hripka (There are a lot of smart people out there in FReeperLand)
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