Article

2010-04-14 Economy

News To Obama: The OECD Says the United States Has the Most Progressive Tax System

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Posted by eltoroverde 2010-04-14 12:58|| || Front Page|| [6 views ] Top

#1 Like the good progressive he is, Obama is trying to make the tax system even MORE progressive.

Posted by DMFD 2010-04-14 18:17|| 2010-04-14 18:17|| Front Page Top

#2 Two factors...
First, Social Security is not only regressive, if it's taken into account, it would affect the overall "progressiveness" of the system. Second, I understand that the Bush tax cuts had a strongly net progressive effect.

Then again that is if you ignore that businesses don't pay taxes, they just collect them and pass them on.

Posted by Thing From Snowy Mountain 2010-04-14 22:24|| 2010-04-14 22:24|| Front Page Top

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