WINDFALL FOR THE RICH
“In April, [Marco] Rubio announced a tax proposal that hardly diverges
from the Republican Party line. It offers families a twenty-five-hundred-dollar tax
credit per child. But the proposal also reduces income taxes beyond the levels of -
George W Bush's cuts, making them even more regressive; cuts corporate taxes by _
ten per cent; and eliminates taxes most on investment income and inherirance..
It gives a huge windfall to the rich amounting to trillions of dollars in tax revenue.”
from the Republican Party line. It offers families a twenty-five-hundred-dollar tax
credit per child. But the proposal also reduces income taxes beyond the levels of -
George W Bush's cuts, making them even more regressive; cuts corporate taxes by _
ten per cent; and eliminates taxes most on investment income and inherirance..
It gives a huge windfall to the rich amounting to trillions of dollars in tax revenue.”
Packer, George, “The Republican Class War,” pp: 26-34 (32), The
New Yorker, November 9, 2015.
