[calgaryrocks]

^^^ yea if middle income people are below the tax floor the floor should be lowered. if they are middle income they should still be able to afford things even after (heaven forbid) paying taxes. they are still using the services. maybe if middle income people didn't get as many tax writeoffs they wouldn't live beyond thier means as much, basically paying for things with what should be tax dollars. maybe that lessened spending means prices don't go up as much (less elasticity - is that the right term here?). then they can still afford things.
although if these people don't spend as much, the economy suffers because of less consumer spending, but the government gets more money to spend. there isn't an easy answer here, the government should spend less, but a little more tax revenue wouldn't be a bad thing to balance things, even if it hurts the economy. really the big corporations being involved in the politics as much as they are is a big problem, as they are going to influence politicians for their benefit. At this point america needs to decide which way they want to go with the economic structure. should be interesting to watch