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Taking Aim At Tax Expenditures.

sheltercrow posted on Nov 01, 2009 | views: 19 | Tags: tax expenditures, Michael Lind, Tax Policy Center, Center on Budget and Policy Priorities

Taking Aim At Tax Expenditures--This Time I Say 'Bravo' To Michael Lind

by: Paul Rosenberg - Oct 31, 2009

What would you think of a government policy that gave $706 on average to American households in the lowest income quintile (lowest 20% of income), and gave $18,713 on average to American households in the highest income quintile?

You probably wouldn't think it would be very politically popular.

You'd be wrong.

Because that's the way that tax expenditures--all manner of deductions, exemptions and special rates combined--affect America's income distribution:

The rest.

Source: Open Left



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