While we are all for a tax cut I find it questionable why the middle school tax cut isn't double what is in the bill. My daughter's taxes will increase some while others on each side go down. A sham. A lie. How about severely cutting middle class taxes?
The first and foremost error in assumptions here is that we tax based on class. This is simply a false paradigm that has been allowed to persist in the thinking of the general public for years. Our tax codes are based on earned incomes, not class. People earn incomes based on numerous variables and many of them are unrelated to social class. Some are related to education level or region of the country. Some are based on the nature of the work, if it's dangerous or highly demanded or specialized. Sometimes incomes are based on relative risks and odds. Sometimes, income is based on amount of time worked or number of jobs. In any event, there are no jobs where the rate of pay (income) is determined by the person's social class because we do not have a caste system in our country.
So what you are talking about are incomes which fall in the range of "average" or "median" in relation to all incomes earned. The problem with this dynamic is that incomes aren't of the same value nationwide. A person who earns $38k as a dishwasher in Los Angeles is probably not living a very high lifestyle but someone who is earning $38k as manager of a mobile home park in Pearl, MS, with his housing provided, is doing fairly well in his community. In both cases, the $38k income is treated the same as far as the tax code and neither person is paying very much (if any) Federal income tax.
When it comes to cutting taxes, we have to avoid looking at this from the false paradigm of class because the variables differ from person to person. You can be a multi-billionaire and only earn $38k income for the year... are you "middle class" because of that? We don't tax WEALTH... we tax INCOME.
I personally favor elimination of income tax altogether and replace it with a consumption tax instead. It should be obvious that "wealthy" people are going to spend more money consuming goods and services than anyone else in our society. Therefore, such a system would automatically put the bulk of the tax burden on those with the highest wealth, regardless of income earned. On the flip side, people who are poor are clipping coupons, doing without the finer things in life, stretching their budgets, buying clothes at the thrift stores... they naturally consume less and would pay the least amount of taxes under such a plan. It has even been proposed that we could implement a prebate program to offset the taxes on basic needs for poor people. In other words, their basic consumption wouldn't be taxed at all. But a consumption tax would be a much better and fairer way to collect the necessary taxes needed to fund the government. And it would eliminate the class warfare rhetoric once and for all.
