...it might be interesting to review Paul A. Sand's, a prof at UNH, comments regarding Wolff, a big proponant of a NEW! Improved Tax: The WEALTH TAX!
"Wolff makes no effort to show that his additional tax brings the system more into line with the nebulous "ability to pay," -
he just assumes---WITH THE ENTIRELY ARBITRARY NUMBERS HE GIVES FOR WEALTH BRACKETS AND RATES--
that it will." (emphasis added via capitolization)
So... Why do I get the feeling that someone who went to NYU (O, my! Did you actually vote for Hillarious! herself?) would tend to believe a guy who just wants to completely redistribute the wealth via taxation, and is not satisfied with merely taxing income and capitol gains? Sorry. Can't buy Wolff's "numbers".
Yet.
Someone previously mentioned the effects of "giving a rebate to a poor guy vs. a rich guy"... To get a rebate you are supposed to have PAID FOR the item in the 1st place! These social re-engineering tax credits want the tax-PAYERS to BUY the item for the entitlements-receiver, and then they want to GIVE HIM THE REBATE for free! Just as long as they get his vote....
