"Disciplined Systematic Global Macro Views" focuses on current economic and finance issues, changes in market structure and the hedge fund industry as well as how to be a better decision-maker in the global macro investment space.
Monday, August 20, 2012
Tax fairness - the data tells the story
The data from the CBO seems to set the record straight. Taxes do seem fair based on average tax rate and share of taxes paid. by different income groups. If these numbers are unfair, what will it take to get or be fair?
The marginal benefit to businesses and job creation is less clear if there is a increase in the highest tax rate. But what is clear is that raising rates and then providing tax breaks to offset the rise to specific companies or groups is unfair.
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