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#11
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NOYB wrote:
The bottom 40% earn 10.4% of the income, but pay only 7.7% of the taxes. That's TERRIBLE! Those lazy SLACKERS!! Those damn worthless poor people are stealing the bread out of the mouths of millionaires! The top 40% earn 77.9% of the income, but pay 81.6% of the taxes. It should be a one-to-one correlation. In other words, if a certain segment earns 77.9% of the income, they should pay 77.9% of the taxes. I wouldn't disagree with that. OTOH A progressive income tax is fair, if you accept the premises: 1-Food, shelter, & clothing, the very basics of life, cost a certain amount and therefor a higher percentage of poor people's income devoted to them. 2- The richer a person is, the more benefits he gains from our social/economic/legal network and thus is obligated to offer more to support it. DSK |
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