Re: Great New Yorker article on \"Tax cuts pay for themselves\"
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Every tax cut since Kennedy's has resulted in the wealthy paying a larger portion of total income taxes, even after adjusting for inflationary creep into higher income classes. To call them "tax cuts for the rich" is a bald face lie.
[/ QUOTE ]Wait a minute.
Even if what you're saying is true, i.e. that the rich end up "paying a larger portion of total income taxes", it does not necessarily mean that the rich are paying a larger proportion of their income.
Does the sum total of income tax for the state rise or fall after a tax cut? This is the first question to be asked. I'm all eyes and ears.
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