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10/20/2015 4:32:54 AM
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So just because you're a more intelligent person and not a total dumb-blam!- you get punished for be successful? I don't know about you, but that doesn't sound right to me. If the government did its job right, tax rates would be going down.
English
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That's classist.
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Tax rates can't just always be going down. Thats how debt is created.
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True. I overlooked that. But there must be other options than to tax the people that know what they are doing.
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The taxes don't negatively affect them.
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How so?
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Edited by Britton: 10/20/2015 4:50:33 AMBecause if you tax me 30% of a million dollars, I have 700k left over. I'm not hurting financially.
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You would not be financially troubled, but to lose such a large pecentage still wouldn't be equal. How would you like to lose 30% of thirty thousand, or sixty thousand? To be taxed more just because you had the will and intelligence to get there simply isn't fair.
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I wouldn't like that, that's why we have progressive rates.
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And for that I again pull it back to the arguement that being intelligent enough to make a large sum of money should not be punished. Also, my apologies if I have said anything that doesn't make sense, it's late where I am.
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Making money doesn't eqaul Intelligence.
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But it does play an extremely large role. I can't name a million or billionaire that didn't get to where they are without being intelligent, or having inherited their wealth from someone who was. The only exception to this would be a tyrant, or other government leader.
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Edited by Britton: 10/20/2015 5:28:17 AMSo? That doesn't mean they don't deserve to pay taxes.
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Of course not, and I would never suggest such a thing. But someone who makes ten times that of another should pay the same tax rate. The government would still get more from the person who made more.
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Flat taxes screw the middle and lower classes. That's why we use progressive rates.
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I call it motivation.
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I call it suppressing socioeconomic mobiltiy
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It wouldn't have to be a high tax rate. So much money is wasted through the corruption of the government. If only there were a reset button.
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Yes a lot of money is wasted. But a lot of money could also be going towards things we need like our crumbling infrastructure.
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If only. I fear the government will fall before we can ever fix it.
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It will if we don't vote against corruption.
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From the way things have been going, it isn't looking good.
