OF THE
TIMES
Conservatives invariably counter that it's not fair that almost half of American households, because their income is too low, pay zero federal income tax. (And not just conservatives--I got a pretty moving note from a guy who said he didn't think it was fair that, because he didn't make enough money, he didn't get to pay federal taxes. He wanted to contribute!)
- Progressive: those with more income pay a larger share of it in taxes;
- One that doesn't worsen inequality by giving preferential treatment to the wealthy (e.g., by favoring capital over labor income);
- One that doesn't disproportionately benefit those who are already doing the best at the expense of the rest;
- One that raises enough revenue from those with lots of resources to provide a leg up for those at a disadvantage;
- One that does not rearrange the pretax income distribution, as in a confiscatory, highly redistributive system that turns the poor into the rich and visa versa;