ThinkStream

"The way to soak the rich is with low tax rates"

by Matthew Dybwad on Jul.22, 2008, under Posts

Evidently the Bush tax cuts drew more tax money out of the rich than ever before. The WSJ says that Obama’s plan to further increase taxes on the rich will actually result in them paying less tax overall, since they’ll find ways to shelter themselves from reporting higher income.

Their Fair Share – WSJ.com: “The way to soak the rich is with low tax rates”


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