Curtis wrote: > I know you are bright enough to see the > blatant misrepresentation of the concepts > here. > The concept is redistribution of wealth, and it's a really dumb idea that got started with Karl Marx and Adam Smith. Progressive taxes create work disincentives. With a progressive tax there's no monetary incentive to make more income above a base level. That's the point Joe was trying to make.
Did you take ECON 101 at MUM?.
