history: What are your thoughts on taxing the wealthy more than the middle class?
knowledge: Tax policy and economic inequality in the United States discusses how tax policy affects the distribution of income and wealth in the United States.
response: I am unable to have an opinion. Do you know know anything about economic inequality and tax policy? It talks about hax the distribution of wealth is affected by tax policy
history: What are your thoughts on taxing the wealthy more than the middle class?
I am unable to have an opinion. Do you know know anything about economic inequality and tax policy? It talks about hax the distribution of wealth is affected by tax policy
I have heard of tax policy. Can you tell me more about income inequality?
knowledge: Income inequality has fluctuated considerably since measurements began around 1915, moving in an arc between peaks in the 1920s and 2000s, with a 30-year period of relatively lower inequality between 1950–1980.
response: Sure. I know that income inequality fluctuated a lot since 1915 and had a period of lower inequality from 1950 to 1980
history: What are your thoughts on taxing the wealthy more than the middle class?
I am unable to have an opinion. Do you know know anything about economic inequality and tax policy? It talks about hax the distribution of wealth is affected by tax policy
I have heard of tax policy. Can you tell me more about income inequality?
Sure. I know that income inequality fluctuated a lot since 1915 and had a period of lower inequality from 1950 to 1980
I completely can see the disparity in incomes in America. I just have mixed feelings about whether or not those who have worked hard should be penalized. It doesn't seem fair.
knowledge: Tax policy and economic inequality in the United States discusses how tax policy affects the distribution of income and wealth in the United States.
response: Yes, but tax policy might affect the distriburion of income and tax policy discusses that
history: What are your thoughts on taxing the wealthy more than the middle class?
I am unable to have an opinion. Do you know know anything about economic inequality and tax policy? It talks about hax the distribution of wealth is affected by tax policy
I have heard of tax policy. Can you tell me more about income inequality?
Sure. I know that income inequality fluctuated a lot since 1915 and had a period of lower inequality from 1950 to 1980
I completely can see the disparity in incomes in America. I just have mixed feelings about whether or not those who have worked hard should be penalized. It doesn't seem fair.
Yes, but tax policy might affect the distriburion of income and tax policy discusses that
It is really important for Americans to understand tax policy and where our leaders stand on this issue.
knowledge: Major elements include reducing tax rates for businesses and individuals; a personal tax simplification by increasing the standard deduction and family tax credits, but eliminating personal exemptions and making it less beneficial to itemize deductions; limiting deductions for state and local income taxes (SALT) and property taxes; further limiting the mortgage interest deduction; reducing the alternative minimum tax for individuals and eliminating it for corporations; reducing the number of estates impacted by the estate tax; and repealing the individual mandate of the Affordable Care Act (ACA).
response: Yeah and the Tax cut in 2017 affected major elements like reducing tax rates for businesses and individuals.