General Discussion
In reply to the discussion: I would like to have a series of substantive discussions on ... [View all]zipplewrath
(16,646 posts)I'm not sure that one can make the case that tax credits are "progressive". If one worked very hard they might be able to accomplish that, but then they probably wouldn't be all that advantageous for corporations and therefore wouldn't be all that effective.
See, in progressive thought, corporations ALREADY benefit greatly from existing within our economic system. A system that provides them an educated work force, and public transportation system that delivers that workforce to their doorstep. An infrastructure of roads, rails, water, sewer, and airports that allows them to make and deliver their goods.
It is REGRESSIVE thought that says it is not enough and they need MORE incentives.
Yes, one could create incentives that actually created more output than one could achieve through taxation alone. But it would need to include results that caused the payer to actually KEEP more of their wealth. And since it would ONLY apply to the wealth and corporations, that would result in an uneven burden upon the lower economic classes. And in our current system, it would result in and "even greater" uneven burden.