AEIdeas

The public policy blog of the American Enterprise Institute

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Discussion: (2 comments)

  1. Max Planck

    “This is precisely the opposite of what we heard as the 2001 income tax cuts were debated. At the time, Republicans pointed out that while high earners would receive the largest tax cuts in dollar terms—which is almost inevitable given that high earners pay such a large share of total income taxes—the largest percentage cuts in income taxes went to low and middle-income households.”

    Correct, sir. Someone making $50,000 got a few grand, while someone making $750,000 got tens of thousands.

    Percentages, indeed! :)

    1. MacDaddyWatch

      47% of earners pay NO income tax…

      America needs to do something about making sure that the unaccountable slackers and tax spenders start pulling on our fiscal oars.

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