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A percentage works out great, because the more you make, the more you pay and the greater your contribution to things like infrastructure.
A person making $100,000 and paying 20% would pay $20,000.
A person making $1,000,000 and paying 20% would pay $200,000.
A person making $10,000,000 and paying 20% would pay $2,000,000.
See how that works? Paying the same rate means that the people who make more pay more.
Some people must have slept through math class.
Did you sleep through the argument the last few pages? It's already been established that the same rate equals different amounts among different starting points, and nobody has said otherwise. But it is the only way to ensure people are paying equal proportions of their income; some are arguing for lowered tax rates for the richest just because. I feel like you people are arguing with yourselves.
If you don't support the same tax rate for everyone, you are effectively supporting an additional income tax on the working/middle class, the backbone of our economy.
Quote:
Originally Posted by 2e1m5a
Without context it doesn't matter. What some are supporting is an additional income tax on the working/middle class, by several whole percentage points, simply for not being a Millionaire.
FWIW I do not support any type of income tax whatsoever for anyone. I think there should be a sales tax only, which would allow those that have and consume more to pay more, naturally. Of course I'm sure some rich lackeys on here would be arguing for the richest in society to have a smaller sales tax rate as well because derp x is more than y.
Did you sleep through the argument the last few pages? It's already been established that the same rate equals different amounts among different starting points, and nobody has said otherwise. But it is the only way to ensure people are paying equal proportions of their income; some are arguing for lowered tax rates for the richest just because. I feel like you people are arguing with yourselves.
If you don't support the same tax rate for everyone, you are effectively supporting an additional income tax on the working/middle class, the backbone of our economy.
Actually, I have not read every page and every post.
That being said, I do support a sales tax in lieu of an income tax. I also would prefer a flat tax over this crazy monstrosity of a tax code we currently have.
But the fast of the matter, which you seem to concur, is that a flat tax applied equally translates to those who make more will pay more.
I was not allowed to post for a week, and I don't feel like reading and replying to all those posts.
But judging from the most recent posts it seems that this thread has turned into yet another tax debate. Maybe that is an issue within the US, but the topic is basically a global one.
And no, the same tax rate for everyone is not fair because people have to pay for stuff in absolute currency, not in percentages. A wealthy person paying 50% is still way better off than a poor person paying 10%.
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