[Marxism] Who benefits from tax cuts? | Richard Seymour on Patreon

Louis Proyect lnp3 at panix.com
Fri Dec 14 10:17:15 MST 2018

If you look at the totality Macron's tax changes, while they hugely and 
disproportionately give money to the very rich, the net effect is also 
to make middle income earners better off, while leaving the poor 
marginally worse off. On the face of it, this seems to be an argument 
for not ascribing the Yellow Vest protests, and their broad popularity, 
to Macron's fiscal policy. But, of course, it's never that simple.


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