Actually, the reason given in the last panel is the only one that makes sense.
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3 Comments
Instead of the Laffer curve they should take a look at what’s happened to the Lorenz curve over the last 30 years.
Why does the upper bracket start at $250,000? How about a couple more at, say $500,000 and a million/up? Why is capital gains 15%? How about the first $50,000 tax free(when you sell your house at retirement)or 15% and above $50k as normal income? Why does payroll tax end at $106,000? Lets take off the cap and fix the system. If you’re not part of the solution, you are part of the problem.
the medicaid one is sooo true…unfortunately