More accurately: If the current tax burden is exactly "correct" then a distribution of a refund should be proportional to taxes paid. Otherwise not, necessarily.
I assume you are aware that since taxes include payroll taxes and excise taxes, as well as income taxes, a porportional reduction of the latter raises the overall allocation of taxes paid by the lower income levels.
BTW, if you calculate total taxes paid as a percent of total income from all sources, which income levels do you think currently pay the proportionately higher rates?
I assume you you wish to ignore that payroll taxes fund a retirement benefit and a health insurance benefit ?
BTW, if you calculate total taxes paid as a percent of total income from all sources, which income levels do you think currently pay the proportionately higher rates?
Before playing this game to we include all taxes both direct and indirect that Microsoft will pay ? Do we recognize that Gates and his stockholders will pay income tax twice on the income distributed and will pay an estate tax on income not distributed ? Do we give ample credit to the value of retirement benefits that accrue to those who pay payroll tax ?
Or do we only play the game with your defined terms ?