However, this simple fact says nothing regarding the fairness and efficacy of either our tax rate structure, or of our system of deductions and loopholes, which mainly benefit the well-off and corporations.
Brandstater fails to mention that taxes paid by the rich and by many corporations are a drop in the bucket compared to their income. Speaking of laughable, they are laughing all the way to the bank.
We must look at both the tax rates and the amounts, compared to one’s income, actually paid after deductions and loopholes in order to decide whether we have fair and progressive taxation.