Tax Code Changes: Wealth Transfer — Aggressively Progressive?

But trying to achieve fairness through the tax code is neither simple nor economically risk-free. The income tax is a crude, imperfect tool that doesn’t address the underlying causes of income disparity. Additionally, the tax system’s complexity as well as the wide regional differences in the cost of living make it difficult for lawmakers to effectively define rich and poor using a single national income standard. Full Story »

Posted by Kaizar Campwala
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Posted by: Posted by Kaizar Campwala - Apr 16, 2009 - 6:21 AM PDT
Content Type: Article
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Edited by: Kaizar Campwala - Apr 16, 2009 - 6:21 AM PDT

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4.2
by Kristin Gorski - Apr. 16, 2009

An in-depth, balanced look at the reasons behind and consequences of proposed tax code changes. A thoughtful analysis which leaves the reader better informed on the pros and cons of this very complex issue.

Political appeals to middle-class pocketbooks can be powerful, because voters realize direct benefits from taxing others and cutting taxes on themselves. The broad concept ... More »

See Full Review » (21 answers)
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4.3
by Kaizar Campwala - Apr. 16, 2009

A balanced, multi-faceted look at the Democrats tax regime. Sourced from a spread of liberal and conservatives, the general thesis is that the Democrat's current plan of raising taxes on only the wealthiest Americans can not make up for the massive budget deficits America faces now and in the future. There's also excellent discussion of the value of using the progressive tax code to fix what are more fundamental issues in the American economy.

The Democrats’ strategy has a certain cake-and-eat-it-too quality. They insist, despite evidence to the contrary, that the government can expand services and shrink the ... More »

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4.0
by Patricia L'Herrou - Apr. 16, 2009

a useful discussion of the pros and cons of whether or not taxes are the best means to address income inequalities. the sources are basically from congress and i'd like to have heard from tax economists. his point that the underlying causes of inequality are not addressed by taxes is appropriate, and should be addressed through other means by the government. he does not offer possibilities, such as the current unions bill, to address that situation.

See Full Review » (11 answers)
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4.2
by Derek Hawkins - Apr. 16, 2009

The income tax is a crude, imperfect tool that doesn’t address the underlying causes of income disparity. Additionally, the tax system’s complexity as well as the wide ... More »

See Full Review » (6 answers)
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3.2
by Naomi Isler - Apr. 16, 2009

This article tries to address the pros and cons of using the tax code to rebalance incomes. Tax codes always do this one way or another; that's nothing new. And the article does not address the problem of the incredible complexity of our current tax code.

I had a very uneasy sense reading the article that it was really biased toward the Right - there were quite a few of what I felt were code words and ... More »

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3.8
by Rick Olson - Apr. 17, 2009

Appears to be a very solid analysis, however, there is little factual content to support some of the conclusions he is reaching. What he says, however, sure does make sense, and seems like an accurate portrayal of the choices we are facing. I marked that I did not trust this publication simply because this is the first time I have read anything of theirs, insufficient evidence for me so far.

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