Re: Reagan's funeral
Ernest Schaal <eschaal@max.hi-ho.ne.jp> wrote:
> in article calhbl$fhs$1@news.Stanford.EDU, mtfester@netMAPSONscape.net at
> mtfester@netMAPSONscape.net wrote on 6/15/04 9:54 AM:
>>> Bottom line: Even under the reduced tax rates, the rich still not only pay
>>> more taxes than the poor, they also pay at a higher rate than the poor.
>>
>> Which everyone knows, which is why it's called a "graduated tax".
> But it was a "graduated tax" before and is still a "graduated tax." The only
> thing that has changed is how flat that graduated tax is.
Which was rather the point; it flattened it, not simply reduced it down
the line.
Mike
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