Except that it's actually a regressive tax (being capped at $106k/yr). | Hacker News

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		amalcon on Jan 16, 2011 \| parent \| context \| favorite \| on: Deficit Reduction Except that it's actually a regressive tax (being capped at $106k/yr).

nickpinkston on Jan 16, 2011 [–]

Good point in that it is capped, and hence regressive, on the income side, but it's still net redistributive to the lower brackets on the pay-out side. My mistake.

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