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[this'll be my last post, so feel free to have the last word...]
On Sep 30, 5:51*pm, wrote: I don't agree with them, and certainly not to the point that the majority pay little or no taxes. * Depends on what "the majority" makes. Our middle class is disappearing, and it's hard to wring much out of a turnip. Meanwhile: http://www.businessweek.com/magazine...8033845016.htm Bring back policies where "the majority" will be a true "middle class" and I'll be happy to tax them. again, at what point does your sympathy begin? *At what income level should "business owners" by taxed 40% on their personal income? *And what about wage-earners? *If someone earns 25K, why shouldn't they be taxed just like someone who make earns 250K? * Because we don't live in Pakistan and the way our society is structured it takes 25K to "just live". I've no idea what the "right" levels are and don't have the time or interest to figure them out, I just know that I'm happy to see those that have benefited more from the social and legal and physical and governmental structures that are in place that allow them to succeed pay their share, and I believe that share should be somehow progressive. No one is "self-made" in the absence of all the societal structures that are maintained to enable it. Let me ask you this: *if I let you set my tax rate, would you let me set yours? Would you let me set yours after you set mine? *You know, sorta like the old deal about sharing - one person cuts the sandwich, the other gets to pick their portion first. That implies that you and I are somehow "equals" on the financial playing field, which I doubt. How about we lay out how much wealth all the people in the nation hold at our respective class levels and then divide our tax responsibility in proportion to the accumulated wealth at our levels? I'd say that's fair. http://www.faculty.fairfield.edu/fac...ome&wealth.htm Note on that data the difference between wealth and income distribution, which in part explains why a flat income tax is _regressive_ when it comes to wealth (and the corresponding impact on families). If we aren't going to tax wealth accumulation, then I'm in favor of a progressive income tax that mirrors the wealth curve. Take care, Jon. |
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