They want to shift taxes from the rich to everyone else. Our current administration believes that the rich are paying too many taxes, because the poor aren't paying enough. Read this article for some of their convoluted logic:

As the Bush administration draws up plans to simplify the tax system, it is also refining arguments for why it may be necessary to shift more of the tax load onto lower-income workers.

Economists at the Treasury Department are drafting new ways to calculate the distribution of tax burdens among different income classes, which are expected to highlight what administration officials see as a rising tax burden on the rich and a declining burden on the poor. The White House Council of Economic Advisers is also preparing a report detailing the concentration of the tax burden on the affluent and highlighting problems with the way tax burdens are calculated for the poor.

posted by Paul Murray at 11:47 PM | permanent link