Taxes

[Benton]

(03-22-2019, 06:13 PM)TheLeonardLeap Wrote: Question: Should people be singled out and punished for being more successful in life than others?

(Yes, I know there will be people who mention the rich who were born into money and never had to work hard or earn anything, but there are plenty of wealthy people who are self-made.)

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People like to talk about paying "fair" shares. Well the only actually fair way is one single flat-rate federal income tax rate for all sources of income (working, capital gains, lottery, etc).

No loopholes, no returns, no deductions. No sales tax. Just a singular % for each level.

No idea what that % would be, though. Something like 12.5% Federal, 5% State, 2.5% County? No clue, but once it was set, then it would be upon the institutions to work within their means and budget.

Equal is not equivalent. Access to lawmakers, courts, etc is totally different based on income.

If you're poor and get arrested with drugs, you go to jail and burden .the state. If you're rich and caught, you go to rehab. If you're poor and negatively inpacted by a law, you can spend years volunteering and never see if changed. If your rich,you call up the guy you bought.

Flat taxes are great, but they overlook that it's not flat for everybody.