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MikeWM
Guest
Like all too many people, you seem to be confusing communism, Marxism, and socialism. And the two main US political parties, which are nothing like any of those three.No it is not. If you understand what socialism is, government control of everything, no personal responsibility, etc. you can not deny that those at the top of the Democrat machine (and their biggest contributors) are socialist. Many of them do not even deny it. To be fair, many Republicans are not much better.
It shows that your - on the face of it emotive - figure is also meaningless. People who earn more pay more tax is hardly a drastic statement.This does not even make sense. The figures are what they are. “What ifs” have no basis in the reality of the situation and therefore are meaningless.
Err, no. Progressive taxation is not at all the same thing as a flat tax. We had a long debate on this quite recently.You are right about that. The only “fair” (and simplest) way to tax is to tax everyone at the same rate, period.
Frightening? It’s 35% over $319,000. If I was earning $319,000 a year, 35% of what I earned above that in tax would hardly be a great burden.Not in my experience. I personally know people from the top of the scale to the bottom and the amount (and percentage) that the top people pay is frightening.
From the last 1040 I filled in (2003) it was about $8000 for a single person before they started to pay tax. I don’t think all that many people earn less than that - and if they do, they surely can’t afford to be paying any tax.Those at the bottom pay little or nothing.
Only for people who can’t do some simple calculations. I agree the loopholes and deductions need to be simplified but there is no need for a flat rate to do it.The one advantage that the top earners do have is the ability to hire professionals to figure out the jungle that is our tax code and make use of every deduction and loophole. And there you have a further argument for a flat rate.
Proponents of the flat rate seem to say ‘simple - let’s take the 4 or 5 bands, make it into 1, and leave everything else the same.’ How does that help?
Cripes, no, I don’t suffer from insomnia thanksHave you ever read Title 26 (the Tax Code)? There is not a more deceptive, confusing mass of legalistic garbage in existance.
Again, simplifying would be a very good thing. A flat tax would result in the poor paying more, for the benefit of the rich. I can’t condone that.
Mike