Is it true that ‘Across the board tax rate cuts are regressive’?
The Congressional Progressive Caucus: “Across the board tax rate cuts are regressive because a 20 percent tax cut for a millionaire – even as a share of income – amounts to a far greater benefit than a 20 percent cut for a hardworking low income American.” Overview On Dec. 1, 2012 the Congressional Progressive Caucus released its guiding principles for…
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