Steve CoxKonto zweryfikowane

Did you read what they said? What does it have to do with fiat currency?

The concept of progressive tax (T.J.) alone to combat inequality is flawed. Tax cuts combined w robust fiscal spending wud b more effective

Name one time in history where tax cuts resulted in a better situation for the poor.

FICA tax is highly regressive. If we suspend that tax, it would increase household incomes by some $600/mo. U think that wud help the poor?

Of course. But how would REPEALING a REGRESSIVE tax *help* while instituting a progressive tax won't? Makes no sense.

The rich work the system and don't pay full rates. Tax cuts for ave people is the most direct way to stimulate the economy.

Combine this with fiscal spending, i.e. health care, job guarantee, free college, and you can improve inequality w/o raising $1 in taxes.

We don't have to just pick one thing.