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Old 10-28-2008, 01:54 PM
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Corporate income taxes are in fact, the flattest tax as all consumers of the product produced pay for them, even the poor.(although they may pay them with MY money).

"Redistribution" and progressive taxes are not quite synonomous. Progressive taxes take more from the higher income earner, to fill the coffers of the government, to fund the functions thereof. Redistribution then awards some of that higher amount to the lower earners. distribute - to divide & give out shares. Hence the association of "distribute the wealth" with socialism - take from the rich & give to the poor. emphasis on "take"
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Old 10-28-2008, 02:07 PM
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Quote:
Originally Posted by mdmull View Post
Corporate income taxes are in fact, the flattest tax as all consumers of the product produced pay for them, even the poor.(although they may pay them with MY money).

"Redistribution" and progressive taxes are not quite synonomous. Progressive taxes take more from the higher income earner, to fill the coffers of the government, to fund the functions thereof. Redistribution then awards some of that higher amount to the lower earners. distribute - to divide & give out shares. Hence the association of "distribute the wealth" with socialism - take from the rich & give to the poor. emphasis on "take"
And I ask again, what does the earned income credit do except to give more money to lower income people.....same as a check? Where did the tax dollars to pay for that come from? Who signed that bill?

And where did the $750 "economic stimulus check" lower income people received from George Bush's Treasury Dept. a few months back come from? Whose proposal was that and who signed it?

Why did I not receive a single penny from that, although I paid for a larger share of it than those who did receive it?

That is redistribution of income, no matter how you try to BS it, and the R's have espoused it equally with the Ds since the early 1900s.
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