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Edited by BK1223:
5/30/2015 6:00:48 PM
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Too left. I hope if he doesn't get the d nomination he runs as an independent and robs votes from Hillary.
Why in the world do people think taxing the rich at a higher rate is the thing to do? Everyone should pay the same percentage of their income.
Also how could anyone think increasing government involvement in [i]anything[/i] is a good idea? They can barely handle a freaking website.
English
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Edited by Smarkdow: 5/30/2015 6:34:33 PM[quote]Why in the world do people think taxing the rich at a higher rate is the thing to do? Everyone should pay the same percentage of their income.[/quote]A flat tax is inherently unfair as places most of the burden on the lower and middle classes. Say you have a flat tax of 20%. Person A makes $30,000 a year. Person B makes $3,000,000 a year. Person A is taxed 20% of his income, which is $6,000. $30,000 - $6,000 = [b]$24,000[/b] (That's what he has left over to pay rent, bills, groceries, etc.) Let's do the same for Person B. 20% of his income is $600,000. $3,000,000 - $600,000 = [b]$2,400,000[/b] Do you see why it's unfair? Because taking 20% from someone who makes $30,000 is a relatively bigger chunk of change for them as opposed to the person who makes $3,000,000. It relieves the burden from the upper class while placing it on backs of the lower and middle classes. So why tax the rich more? Because they can afford it.
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I see no problem with that. I do not look forward to the prospect of paying a higher rate everytime I get a raise/promoted. It isnt fair. We should all pay the same rate. We shouldn't penalize people for being successful. I've made less than 30,000 before and I still have this opinion. It's redistribution of wealth and it's wrong.
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Very good calculations.
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Exactly
