Tax cuts for the wealthy

This is one the most common topics used by a vast majority of people.

The idea is that a progressive tax system is the preferred tax system because "those that can afford to pay more, should."
There are numerous taxes that one must pay in the United States. To keep things simple lets stick to personal income taxes. The current system taxes different thresholds of income at a progressively higher rate. Thus someone earning a higher income will eventually pay a 35 per cent tax on every marginal dollar earned to the federal government. A "rich" person earns a higher income, and thus pays more taxes.

The critical questions that one should ask include:
-Does a higher marginal tax bracket mean someone will pay more taxes in the long run?
-Does this mean more taxes paid in the short run?
-Are we talking about an income tax or a wealth tax?
-Do higher income earnings always denote someone of relative wealth?
-What impact do marginal income taxes have on the incentive work, save, and invest?
-Are all tax cuts the same?
-Does a government maximize its tax collections with a higher marginal progressive tax system?
-Is government spending money by reducing marginal tax rates?
-Is a "repeal of tax breaks" not a tax increase, solely because taxes where higher at some point beforehand?


There are more questions. Look for additional posts to answer these questions.