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Originally posted by Xugumad
You are contradicting yourself
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True.. maybe I should just quit talking now.
A progressive tax structure is fine, as long as it's a relatively even progression. But we shouldn't try to find creative new ways to gouge the rich.
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Originally posted by jaguar
Its not about how much they 'need', its about how much they should contribute back into the society that they live in and how much they *can*.
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No, it's not about how much they <I>can</I>. I think <I>should</I> is a bit closer. They <I>can</I> contribute about all of it, but that doesn't mean they <I>should</I> have to.
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A flat tax system is stupid as far as i'm concerned. I think there is an arguement for aboloshing income tax and intead doing what we have here and in parts of Europe, VAT(Value Added Tax) or GST(Goods and Services Tax): a tax on what you buy instead of what you earn.
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Then you have what amounts to a regressive tax, where people who have little money and essentially live paycheck to paycheck, spending almost all they have, pay a higher percentage of their income on tax than people who are able to save some away. Although I don't know too much about the VAT and GST systems, and surely they've found ways around this.. do those taxes completely replace income tax?
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Pity those in politics are in the upper class.
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The pity is hearing statements like this. Do you truly believe that the reason we don't have what you'd consider a fairer tax system is because politicians tend to be upper class?