The Progressive Income Tax: Theoretical Foundations

[Linette]

In his seminal exposition on the virtues of the Progressive Income Tax, James Kroeger explains why the Progressive Income Tax is the ideal method of taxation.

Some excerpts from The Progressive Income Tax: Theoretical Foundations:

"The Progressive Income Tax is widely misunderstood today because people do not realize that it collects money from taxpayers in a way that always preserves every citizen's purchasing power. Each is spared the decline in purchasing power she would otherwise have experienced if only she had paid the tax..."

"Even a steeply progressive income tax---right up to 99% on the highest incomes---would impose no loss of purchasing power on wealthy income earners."

"Reducing the income tax rates of rich citizens will weaken the economy if Congress cuts spending to pay for the tax cuts."

"Increasing the amount of taxes collected from wealthy citizens will actually provide a stimulus to the economy."

"The rich cannot get richer---in real terms---by getting their taxes cut, but they can become richer if they pay more in taxes."

"The government is a major producer of Real Wealth."

"An increase in the size of government is almost always quite desirable."

"Wealthy citizens who are wise should be lobbying for an increase in government spending and an increase in their tax rates."


I think James Kroeger has finally given us the weapons we need to destroy the Republicans on tax policy...

[Linette]

1. What's this?

Democrats don't care about shifting the tax burden onto the backs of the rich?

You're kidding me, right?

Is the material a little too complicated perhaps?