| Council Member Join Date: Sep 2005 Location: Michigan, Near Detroit Posts: 1,029 Level up: 50%, 101 Points needed |  |  Quote: |
Originally Posted by Dylan Personally, I think it would make more sense to just restructure and have a flat percentage for everyone above the poverty line, but making the transition would probably be a bit rocky.
I actually think that the government could get more revenue from a simplified system, because it would be much, much harder to cheat. | Mathematically, if we switched to a flat tax, the middle and lower class would pay significantly higher taxes, lowering their standard of living a sizable amount. Because of this, I do not find a flat tax to be a good idea.
You may argue that the current taxation system is unfair to the wealthy, however I argue in return that our current economic system favors the wealthy, and that our current tax system is a method of evening out that imbalance. This is a more complicated discussion than I make it sound.
Simplifying the tax system is another story. I do feel the tax system should be simplified. -Jaxian |