Discussion in 'Economy' started by Toro, Apr 14, 2009.
Just How Progressive Is the Tax System? - Economix Blog - NYTimes.com
conservatives are idiots
otherwise they would count total tax per individual and not % of income
a flat tax is not even flat enough
a really flat tax is when every person pays same amount
so lets say every person pays $10,000 a year in taxes
and if you can't pay that much - you get sterilized
it immediately solves the illegal immigration problem as well - any mexican that wants to pay $10,000 a year in taxes is free to enter !
The Flat Tax is much more progressive than this system, as evidence shows.
But I support a flat tax of 0%!
It would be interesting to see how those curves compared to 10 and 20 and 30 years ago.
that's a separate argument.
my point is that our "progressive" tax is really PROGRESSIVE SQUARED.
and what people would consider flat is in fact already progressive.
a truly flat tax would be something like a gym membership. for example i pay $70 per month for NYSC membership. some people park their Porsches in front of the gym, some park their bicycles and some come on the bus. but we all pay the same $70 per month.
THAT IS A FLAT TAX !
now we all get the same protection from police, fire department and all drive on the same roads - we should all pay the same amount for these service from our government.
the taxes that we have now are motivated by one thing only - INSATIABLE GREED. the system is designed to drain everybody of as much money as they can possibly contribute. and people only tolerate it because they have no choice. if the guy with a Ferrari suddenly had to pay $500 per month for gym membership he would simply switch to Gold's gym.
That's absurd for someone that doesn't make $70 a month.
But the Flat Tax (sponsored by Forbes) is fixed at 17% (much lower than the charts above), and huge deductions for those with children. In other words, families making less than ~$45k with children don't pay taxes. Much better and more progressive than what we have, of course, but income tax is still tantamount to forced labor. I'd rather have sales and property tax take care of funding a much smaller sized government.
well that person can move to Africa or Mexico and is encouraged to do so !
A pure flat tax would have to be about ~25% because the is what the Govt spends proportionate to gross income. If you provide for generous deductions the rate goes up.
You could make progressive rates lower too by presupposing a dramatic reduction in government revenues.
Who'd clean your house?
If our weakened economy that Bush gave us hasn't made it apparent already, government spends way too damn much!
You should scale spending down to a 0% tax rate (-$700B).
And then run a surplus to pay off debt and ensure Social Security solvency (-~$500B).
That would still leave $2T or so for government to spend (which is still unconstitutional) at their discretion. We don't need a $900B warfare department or $800B welfare department. Education shouldn't, under our constitution, be handled at all by the federal government, too.
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