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45% of Americans pay no federal income tax
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Quote:A family of 4 living on 2 minimum wage jobs have an income of 35k a year before any of the numerous types of assistance available. So basically it's the same solution for the poor as we currently have with the current income tax, except that the upper classes get to pay even less taxes... which this reduces revenue, which means cuts to federal programs that are needed by the poor. Dude, it's a suckers deal made to cut taxes for the rich, over you and me in the middle, and either hose the poor or leave then in about the same situation they are already in. I read a Cato institute article on this concept, it's all snake oil and wishful thinking, sorry. I just don't buy it. Provide a valid link, and I'll look into it and consider it. But from what I've read, in skeptical. |
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