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To: Force Majeure who wrote (210643)7/13/2021 3:12:17 PM
From: Art Bechhoefer  Read Replies (1) | Respond to of 211258
 
Yeah, you caught a big mistake. The goal of any meaningful tax reform should be to shift MORE of the tax burden from low and middle income households to wealthy individuals and corporations that have previously received more benefits compared to others.

The justification for this view is based on the book by Thomas Piketty, "Capital in the 21st Century," which used some 200 years of data to show that increasing income inequality causes a lower overall rate of growth. Talk about shooting oneself in the foot!

Art