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View Diary: Surprise! CBO report shows 50% of government tax expenditures go to top 20% of earners (50 comments)

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  •  but that's the point (2+ / 0-)
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    Tonedevil, nominalize

    I'm not sure that you're arguing.

    A solid portion of US fiscal policy is designed around giving tax breaks. (About half of Obama's stimulus was tax breaks.) Fiscal policy designed around tax breaks benefits the rich disproportionally.

    If instead US fiscal policy was designed around expenditures, the policy would be more equitable. (And probably more effective.)

    For example, in health care, a big expense is the insurance tax credit, which benefits the rich disproportionally for no good reason. If we spent the exact same amount, but split the spending per-capita, the spending would be more equitable, and probably more effective. (There's no reason to believe there's an added value in spending more gov't money on rich people's health care.)

    •  In France, for instance, (2+ / 0-)
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      ferg, Cassandra77

      nearly everyone has "allocations" of some sort, because the government does that to incentivize certain behaviors, instead of giving tax breaks.  Here, we give tax breaks for child care.  In France, you get a monthly check.  (Also, a lot of child care is part of the school system so it's already free.)

      And so forth.  

      Whether that's the model we want or not, I just provide information.  

      That said, in economic terms, a $1000 tax cut that your neighbor doesn't get is the same as a $1000 government check that your neighbor doesn't get. The only difference is in our perception (and self-esteem).

      Conservatives need to realize that their Silent Moral Majority is neither silent, nor moral, nor a majority.

      by nominalize on Thu May 30, 2013 at 05:44:28 PM PDT

      [ Parent ]

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