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For or against.
A flat tax for every wage earner would put more money in the coffers.A flat tax for everyone with no refunds period cuts out the irs and much more.
Tradition. At least for people descended from Europeans, I don't know about others. Those who make more pay more and that idea predates Marx by centuries.
Tradition. At least for people descended from Europeans, I don't know about others. Those who make more pay more and that idea predates Marx by centuries.
If I remember correctly the first modern income tax in the US was in the early 1900s and was only on those making over $100,000.
"a tax merely proportionate to individual income would be far from equitable; and this is probably what Smith meant, by declaring it reasonable, that the rich man should contribute to the public expenses, not merely in proportion to the amount of his revenue, but even somewhat more. For my part, I have no hesitation in going further, and saying, that taxation can not be equitable, unless its ratio is progressive."
-- Jean Baptiste Say; from A Treatise on Political Economy Bk. III, Ch.VIII
"a tax merely proportionate to individual income would be far from equitable; and this is probably what Smith meant, by declaring it reasonable, that the rich man should contribute to the public expenses, not merely in proportion to the amount of his revenue, but even somewhat more. For my part, I have no hesitation in going further, and saying, that taxation can not be equitable, unless its ratio is progressive."
-- Jean Baptiste Say; from A Treatise on Political Economy Bk. III, Ch.VIII
"a tax merely proportionate to individual income would be far from equitable; and this is probably what Smith meant, by declaring it reasonable, that the rich man should contribute to the public expenses, not merely in proportion to the amount of his revenue, but even somewhat more. For my part, I have no hesitation in going further, and saying, that taxation can not be equitable, unless its ratio is progressive."
-- Jean Baptiste Say; from A Treatise on Political Economy Bk. III, Ch.VIII
THe guy who wrote that was british and he thought that Americans should not complain about paying a stamp tax.