Re: Reagan's funeral
Ernest Schaal wrote:
>
> Although there has been proposals to have the poor pay a "negative tax"
> (i.e., get a sum of money instead of paying a sum of money), to my knowledge
> those proposals were never adopted.
>
EIC can result in a refund greater than taxes paid in. That's a negative
tax rate in my book. The citations that Mr. Fester posted concur, and
describe that tax burden on the bottom 20% of the population as negative.
KWW
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