Not at all. It's overexagerated but I think it's important to look a this scientifically. I've just got a lot of quesions. Another thread would be fine. These would be my general questions in it.
1) What is your definition of harm. With basic needs taken care of... is it ability to purchase luxuary items?
2) A direct ratio is needed for such an argument in my opinion. There has to be some relative rank. I mean ballpark it... perferably with some numbers an equation.
3) When basing it on a nebuleus definition as "hurt" instead of real numbers, your doing things based on feelings... not data. Don't you find this problematic?
4) You are using the argument that the rich pay less from there "wealth" then the poor do yet you are against taxing savings aka wealth. Isn't that contradictory? Wouldn't a straight flat tax on all wealth equal out your problem with everything? Shouldn't a system based on wealth as the measuring point actually tax wealth directly
5) When all basic needs are taken care of, will your % numbers hold out? When nobody has to pay for needs? If so. Isn't this likely do to conspicous consumption? Is it then considered a basic right to have a certain level of luxary as well?
6) The capitals gains tax is lower so people invest in the stock market more. It's really a stupid idea as i mentioned I think all taxes should be equal on income. (money coming in that's profit.) I think it's better to raise the capitals gains tax then raise the income tax.
7) Why should two people making 125K a year who live together pay less taxes then two people living together where one person makes 250K a year and the other makes nothing? Two people making 10K pay less then one person making 20K etc.
Here is the biggie.
8) Don't you think a progressive tax gives the government a big incentive to make the rich richer and the middle class poorer since the more rich the rich are the more taxes the government gets? Instead of a 20% all around... the government gets 23% if the rich get richer, and 17% if the middle class is buffed up?
