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But really, if we need to have a smaller progression in order to get the people who make more that 600k to agree to it...

When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. — John M. Keynes
by Carrie (migeru at eurotrib dot com) on Sat May 31st, 2008 at 07:57:13 AM EST
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What could be entertaining is including an option for tax breaks if the money is spent on specific investments such as social investment, transport, and sustainables.

They wouldn't get to keep the cash either way, but it could do some interesting things if pushed in certain directions.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Sat May 31st, 2008 at 08:18:27 AM EST
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That's already the case in France, and it's lousy and strongly abused.

Such investments essentially allow high brackets tax payers to get interests on their taxes...

Plus, it means that unlike lower income tax payers, higher income tax payers get to decide which government programs their taxes are spent on. Very undemocratic.

An example : to help service employment, house employee's wages are tax deductible, in France. Which concretely means that if you pay enough taxes, your babysitters eventually cost you half their wages ; that's very regressive...

Un roi sans divertissement est un homme plein de misères

by linca (antonin POINT lucas AROBASE gmail.com) on Sat May 31st, 2008 at 08:43:42 AM EST
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