TOLFA Segment 7, Question 7

It's often said that any tax reduction should not favor "the rich", because the rich can obviously afford to pay taxes more easily than others. Is that correct? Why, or why not? Certainly, it's obscene that those struggling to get by should get a tiny tax reduction while millionaires get handed tens of thousands a year.
Not correct. The rich are paying more tax in the first place, so any general reduction is bound to cut theirs by a larger dollar amount.
The whole argument misses the point; tax is theft and should therefore be zero for everybody, rich and poor alike. Pitting one class against another is just a way of distracting attention from that central point.

Don't hurry away; even when you've got the right answer, try clicking on the others to see why they are wrong! Then when you have correctly answered this make notes in your student notebook, then go to Question 8.

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