Dark_Lord_2008 on 11 June 2012
Indirect taxes such as sales/VAT taxes adversely impact the poor, working classes more than the middle class/rich.
Income tax cuts favour the middle class and rich who get a lot more money back in their pocket.
The tax burden has been shifted from the high income earners onto the low and middle income earners.
The upper classes are more likely to be investors who have much lower tax rates than the lower/middle classes whom generally work for a wage/salary with higher tax rates.
