PLYMCO_PILGRIM
Gold Member
The title says it all.
I think a flat tax on all americans is the only truly fair tax structure.
For all examples please use a 10% tax rate, I know its not realistic and would have to be higher but just for math purposes in any pro/anti flat tax examples lets use the easy number.
To me a person making $10,000/year paying $1,000 in taxes while a guy making $10,000,000/year paying $1,000,000 in taxes is fair.
I'm not sure how, under our current system at the end of the year, someone making $50,000/year being responsible for ~$12,500 in federal income tax while someone making $25,000/year is responsible to pay ~$3750 in federal income tax. After deductions its more like $8,000 and $0.00 which still doesn't sound fair to me.
So....now that my opinion is here please try to explain to me or convince me how a flat tax is less fair overall than our current tax system.
I think a flat tax on all americans is the only truly fair tax structure.
For all examples please use a 10% tax rate, I know its not realistic and would have to be higher but just for math purposes in any pro/anti flat tax examples lets use the easy number.
To me a person making $10,000/year paying $1,000 in taxes while a guy making $10,000,000/year paying $1,000,000 in taxes is fair.
I'm not sure how, under our current system at the end of the year, someone making $50,000/year being responsible for ~$12,500 in federal income tax while someone making $25,000/year is responsible to pay ~$3750 in federal income tax. After deductions its more like $8,000 and $0.00 which still doesn't sound fair to me.
So....now that my opinion is here please try to explain to me or convince me how a flat tax is less fair overall than our current tax system.