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by dragonwriter 2739 days ago
> Over 40 percent of Americans don't pay ANY Federal income tax.

> So, by natural law, doesn't any tax cut not benefit them?

Nope, consider a $1,000 refundable tax credit for anyone with under $5,000 AGI. Its a tax cut, and everyone who doesn't pay income tax because of low income plus some of the poorest who do are the only beneficiaries.

1 comments

I think it's arguable that a tax credit is not a tax cut, precisely because it doesn't necessarily reduce taxes paid but rather can return money not paid.
Yes it's welfare by another mechanism. It's giving you someone else's money, not letting you keep more of yours.