Broncos724 on 07 March 2009
| mrstickball said: If I was in the 1% I would want to be taxed the same as everyone else. The issue that we have is that there are just too many loopholes that give wealthier people a much easier way to avoid taxes. Do you think that a poor person (or lower/middle class) has a good accountant that can fudge the numbers? Unlikely. Yet at the same time, I don't think it's fair to put a bigger burden on those that actually earned to be in the top 1%. I say tax them all the same, but actually TAX them. Not give them special loopholes via a swiss account. Do you think Bill Gates actually pays 40% of his yearly pay in taxes? If 1% of Americans control 90% of the wealth, and make 90% of the money, than they should be taxed for 90% of nationwide taxes. Anything more, or less, is unfair. Simplify the tax code, and use a flat tax that is non-negotiable. No way to weasel a tax break, or report a loss. If you make $4k, $40k, or $400k a year, pay 10% of it. And make it into such a way to where the taxes are paid involuntarily to avoid accountants fudging the numbers. |
I agree 100% with you. The loopholes exist in the tax code so you can't blame the taxpayers for using those loopholes. Instead we should be rewriting the actual laws to eliminate the loopholes. Everyone always seems to blame the elite wealthy of the country for getting tax breaks, but how can you blame them for legally keeping more of their money? It would be like getting angry at people for using coupons at grocery stores.
As for the flat tax, it's definitely needed. Having variable tax rates by income basically creates a dis-incentive to working harder.
