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![]() "DSK" wrote in message ... If all the people earning less than $30K per year earn 30% of the income in the nation, then wouldn't it be fair if they paid 30% of the income tax burden? If the people earning over $200K per year have 50% of the nations income, then they *should* pay more than 50% of the nation's income tax. Wouldn't that be fair? PocoLoco wrote: If those making less than $30,000 paid 30% of their income, then those making $200,000 should pay 30% of their income. The first group would pay $9000, and the second would pay $60,000. What's not fair about that? Now, go back and answer the questions in my other post. I asked you first. Is the math too complex for you? As for what's "not fair" about a flat tax, it's a matter of what you see as "fair." I don't have a big problem with a flat tax, but it is regressive... ie the less wealthy pay a higher share of overal tax revenue, and it cuts into their livable income more (thus is bad for the economy). I'd prefer a progressive tax, where the burden is 1- distributed more equitably 2- those who gain the most benefit pay more Great idea! If you're on welfare...pay more. If you're on Medicare...pay more. If you're on Social Security...pay more. If you live in a crime-ridden area requiring a higher level of police protection...pay more. If you ride public transit...pay more. 3- provides more revenue to the gov't relative to the impact on the economy. *Now* can you answer my question? What's not fair about a progressive tax which distributes the income tax burden equitably across income brackets? The progressive tax system that we currently use has the top 1% of wage earners paying 32% of the taxes. The top 5% paying 50.1%. The top 10% paying 63.5%. And the top 20% paying 78% of all income taxes. So the "less wealthy" (as you like to call them) only pay 20% of the tax burden. Is that equitable? |
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