02 October 2009

Not news, just painful.

That the top 10% of American taxpayers pay 71% of the nation's tax burden isn't really news. But I think it deserves to be repeated. When we're talking about raising taxes (for any situation), perhaps it should be noted that a rather small portion of American earners will feel the impact of that decision even if a large majority of constituents favor said decision. I know tax policy isn't glamorous, especially in an age of recession-frenzy, but it is a codified set of incentives and it is in everyone's best interest to have those incentives pointing in the direction of growth and job creation.

0 Comments:

Post a Comment

<< Home