| numonex said: Flat tax rate system should be enforced now. 20% tax rate on every dollar you earn. Fair simple tax system. Government only provides Police services and military services. Both health and Education are fully privatised and run by free market system. Charity replaces social security system. Aged pensions are self funded, not from government. Water and utilities are provided by private enterprises, no government monopolies. No discrimination on socio-economic background. More jobs would be created and everyone would be better off. The 20% flat tax rate applies to all individuals and all companies. A flat tax rate system applying to companies and individuals would be fair and reasonable. How about a flat tax rate system? |
Flat tax can't work. I mean, it would work out well for someone like me, but my friends earning $10 an hour would be severely impacted. It would hit peopel at the poverty line very hard. And you couldn't afford to let them off the hook(as is done currently) since you've essentially reduced taxes on the middle and upper middle classes.
Privitization of education would be a disaster. Think poor inner city kids have it tough now? See how well they do when their single mother needs to pay a tuition she can't afford.
Pensions self funded? And anyone who doesn't plan ahead starves to death when they're too old to work. Or maybe they do plan ahead and run into expensive medical problems.
Why on earth would you want water provided by private companies? It's cheap and always there. When something isn't broke, leave it alone.
As for "No discrimination on socio-economic background", unless you're anticipating the government creating mind control devices, it's an ideal, but impossible to fully enforce. (Technically, that's already law) The fact is, if you're a black inner city kid, you have a tougher time getting a real job. Even though discrimination is illegal, an employer can take one look at a resume and know DeSean Williams isn't as desirable an employee to interview as James Davis.
In short, your system sounds fair at a high level, but a poor family gets higher taxes, and suddenly no more free schooling. You basically cripple them. Whereas the upper-middle class can finally afford their his and her BMW's, while their kids get top tier educations, which they can afford.
You wanna make society more class-based than it is now? This is how.
