Friday, December 12, 2008

Taxes

1. That people pay the amount that they should the poorer person pays little because he earns little money and the wealthier man pays more because he makes more money. Also with out the wealtheir person the poor person could not pay all on his own or as the group was in the articale. It explains also how the underclass people think that it is just a tax cut for the rich. It points out that it isnt true.

2. I really dont think that it works that simple because, the immediate effects of a tax cut are, generally, a decrease in the real income of the government and an increase in the real income of those whose tax rate has been lowered. In the longer term, however, the effect on government income may be reversed, depending on the response that tax-payers make. Depending on the original tax rate, tax cuts may provide individuals and corporations with an incentive for investments which stimulate so much economic activity that even at the lower rate more net tax revenue will be collected.
Wikipedia, the free encyclopedia. 7 December 2008
http://en.wikipedia.org/wiki/Tax_cut

3. I believe independent. Only because he points out that its not the poor mans vault nor the rich persons fault. He provides facts to support his reasoning to show that the tax cut system was being fare. But he's also i think a bit democratic because how he portrayed that the poor men were uneducated enough to not know how the system works and beat up the rich man who supposably knew had it did work.