It’s hard to imagine a more regressive policy suggestion, one that would funnel more money to the super wealthy directly off of the backs of the working poor. Currently, tens of millions of Americans don’t pay any income tax, for the simple reason that they are earning too little to trigger a federal tax bill.
For a party that’s staked so much of its support on its anti-tax credentials, floating a proposal that would end a practice — the raising of revenues through a federal income tax — dating back to the Civil War, and that, in so doing, would render 80 percent of the voting public worse off hardly seems politically savvy. What it lays bare is the utterly irresponsible and immoral, even fantasist, core at the heart of modern GOP thinking on the economy.
This is an interesting idea but hurts the working poor and low income earners too much. Doesn’t feel sustainable either.
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