26236, grasp this concept|
Posted by johnny_domino, Tue Mar-08-05 09:32 AM
paying an increasing percentage of a shrinking overall amount doesn't mean that you're paying more money, in absolute terms. It doesn't mean that your burden is increasing.
Set it up like a fraction, with $ paid by the rich divided by overall tax revenue. If the value of the fraction is growing, that can mean that the tax rate on the rich is increasing, or that overall tax revenue is decreasing. Either one makes the fraction have a greater value.