Quote:
Originally Posted by calculoso
If they didn’t have to pay so much tax, they could either save it, pay down debt, or have more disposable income to spend in other areas of the economy. The Government appears to want to encourage each of these.
As usual, it comes down to “whose hands do you want the money in”... private hands or government hands.
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That's not really what it's doing though. It just kind of shifts the tax burden to single people and dual income households.