 Quote: |
Originally Posted by Jaxian 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. | I know. Don't worry, I understand about the oversimplification. I might end up doing the same, so I apologize in advance.
How would they be paying more taxes then they already all? I think that people who are too poor to pay taxes under the system we already have would still be exempt. It would be a flat 20% for everyone else. The current system penalizes people for having more money. Of course capitalism favors the wealthy. In a capitalist system, not everyone is equal, and frankly, there's nothing inherently wrong with that. It's not like the money is going to help the poor that much anyway. Most of it goes to buying tanks. My political compass
Economic Left/Right: 5.63
Social Libertarian/Authoritarian: -6.41 |