Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
IRS: Nearly 1,500 millionaires paid no federal income tax in 2009
#38
Dakota wrote:
[quote=rjmacs]

Except if it's truly a 'flat tax,' then EVERYONE pays 3%, and that is ALL that ANYONE pays in income tax, period. And the bottom line is: for the purposes of reasonable living standards, $750 is a lot LESS affordable to someone making $25,000/year than $24,000 is to someone making $800,000 a year.

This logic is motivated by the notion that taxes must hurt equally. Solely collecting enough revenues is not enough. Tax'em until they cry. Then you know you have hit the right rate. You are subscribing to the from-each-according-to his ability philosophy
You and i have fundamentally different ideas about fairness; yours is based on individualism, mine is based on interdependence. And that's okay - i still like you just the same. (I just want you to pay more taxes when you're rich!) Smile
Reply


Messages In This Thread
Re: IRS: Nearly 1,500 millionaires paid no federal income tax in 2009 - by rjmacs - 08-09-2011, 05:22 PM

Forum Jump:


Users browsing this thread: 1 Guest(s)