I was a little puzzled by Paul D's claim that higher tax rates on the well-to-do doesn't play well politically. Polls show otherwise, despite the fact that a great many people do, indeed, have an exaggerated sense of their likelihood of becoming rich.
can you tell me more about Paul D's claim on the higher tax rate
Haris,I don't know if your question is addressed to me or to Robert, but listening to Paul Davidson in the interview, he basically said that higher taxes on high-income households are unpopular because, in U.S. at least, everyone thinks they might become rich themselves one day (perhaps via a lucky ticket in a lottery).
Post a Comment