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Old 01-24-2009, 11:38 AM   #17
spence
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Quote:
Originally Posted by buckman View Post
This does not have to be fair, it has to work, plain and simple.
That's a reasonable statement to make, but our economy works because of trickle up and trickle down forces that form a natural convection. One would think that for stimulus to be most effective it should be well rounded, otherwise it would be like only stirring one side of the pot.

Quote:
I think with a flat tax we still have a middle class. I don't buy your assertion that with out a proggresive tax system we would not have a middle class.
My assertion was that the progressive tax system was instrumental in forming the middle class. There may be other tax methods that could work better moving forward, although every flax tax proposal I've seen still includes progressive elements in the form of exemptions for the lower wage earners. This is still wealth redistribution, just less of it.

-spence
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