Monday, August 09, 2010

Oh, here's a guess at what the income tax system looks like now

It's from new blogger mattcowgill, who by the way disapproves of Henry's proposed change, noting that the big noting that the big dollar gains at the top end.

But I reckon any tax cut -- even an across the board tax cut of one percentage point - will give big dollar gains at the top end. I reckon the percentage gains for the well-off would be small.

Welcome mattcowgill.

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