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On 23/01/2010 1:43 PM, nom=de=plume wrote:
Yes, you're right. They're identical tax rates. My point was that a flat tax isn't appropriate because it's regressive for the lower earner. If you change the lower number to something more reasonable, say $40K/year vs. $100 (which was just a limiting case to use as an example). Someone who makes $40K could be someone who works really hard... 10 hours/day 6 days/week, perhaps two jobs. The person who makes $100K/yr. perhaps might only work 20 hrs./wk. We don't need to get into the socio/economic reasons, but there's no way to claim that the lower earner is working less hard. Yet, when you look at a flat tax, the $40K person would keep $36K. The $100K person would keep $90K. Who is hurt more? Again, which salary would you pick? The answer is likely obvious. Are we penalizing those who work hard, but have low-paying jobs? My answer is yes. Why not go the other way since we are socialising talk. Why not a fixed head tax, say $10,000 a year. If you can't pay it then you become a slave. You even lose the right to vote as you are considered a minor dependant unable to fend for ones self. The reasoning being in a nanny state of government health care, your ass is just as expensive as mine to keep. We went to the same schools, thus should be taxed the same in value. We ge the same government protection from police, in fact since I make more I have more to loose this even pose a lower risk. So why not a fixed head tax? BTW, I don't agree with a fixed head tax, and I don't agree with aggressive taxation. The turd that coined progressive tried to use a positive word for punitive taxation. I subscribe to flat no deduction taxation, 10% right off the top and no deductions. Taxed at source on every dollar earned, same rate for companies as people. No income tax to fill out. Earn $10, get $9. End of story, no loop holes or BS. No IRA/CRA harasement. Taxed once at source for things like dividends. End the bull**** of taxing the company and then the recipient. Reward investors in business and skip the persecution part. And taxaton is fixed, governmetn cannot raise or lower it without a referendum of all affected. And you can only vote if you pay a minimum of $1000 in taxes. None of this mentality of losers telling winners how it works. Government should have it's spending capped as a percentage of gross income to preven statism creap. If the greedy government wants more revenue, better make for a good economy with decent jobs or suck for it. |
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