Comment on Deficit ReductionparentComments−amalcon15yExcept that it's actually a regressive tax (being capped at $106k/yr).−nickpinkston15yGood point in that it is capped, and hence regressive, on the income side, but it's still net redistributive to the lower brackets on the pay-out side. My mistake.
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Except that it's actually a regressive tax (being capped at $106k/yr).
Good point in that it is capped, and hence regressive, on the income side, but it's still net redistributive to the lower brackets on the pay-out side. My mistake.