Nosmo King
Gold Member
Flat tax is patently unfair! What's the top percentage paid by the top earners now? 30%? 35%? So a flat tax would be say 17%.YES OR NO, and Why?
Yes as long as it's a flat amount, not a flat percentage.
I disagree. That would truly punish the poor. If you take a dollar away from someone with 10 dollars as opposed to taking a dollar from someone with 1000. That dollar hurts more.
The same percentage from everyone is the fair way to go.
Someone with two kids making $35,000 would have to pay 17% under a flat tax system. But if they pay nothing now (as we are told over and over again by conservative pundits, their taxes would INCREASE. Meanwhile, back on the family estate, someone making $350,000 would see their tax rates FALL from 35% to 17%!
What's fair about a flat tax again? Making those who can least afford it carry the water for the rich.