human
More practical mechanisms for dealing with income splitting? Great. Unintended consequences on the surplus stripping proposals? Thanks for pointing those out -- doesn't seem like an impossible fix to implement. Target more precisely the measure that limits the tax saving on passive investment. Sounds good. All of these revisions to the proposals sound like they could be consistent with a progressvie rate income tax. But let's not lose sight of the idea of a progressive rate income tax: that the marginal rate should be higher on higher incomes. The "last dollar earned" means something different when it's the dollar that makes $299,999 into $300,000 than when it's the dollar than makes $29,999 into $30,000. Even with the dollar value of every program of the welfare state added in to the effective post-fisc income of the $30,000 earner.
gpt
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