Henry conceded that Republicans would also transfer wealth from one group to another:
HAYES: There is a tension with the nonredistributed thing. Taxes on wealthy people have to go down. If he doesn’t believe in that, he has to reduce the burden of wealthy people. We have a barely, but progressive income tax. If he doesn’t believe in redistribution, he has to cut it for the wealthy. It’s not the case he is flattening the tax code and not lowering them for rich people. [...]
HENRY: If your point is that a progressive tax code, which is what the United States of America has and it’s the right thing, and it’s about fairness and fairness of opportunity, your point is there’s a technical element of redistribution by virtue of hiring –
HAYES: Not just technical — that’s redistribution. You are paying for it!
Adviser Admits Romney's Tax Plan Would Redistribute Wealth
Current Status: Blessed (1)
Seeded on Sun Sep 23, 2012 8:42 AM

keyboard shortcuts: V vote up article J next comment K previous comment