You will earn what Obama wants you to earn.

[Kasz216]

SciFiBoy said:

Kasz216 said:

SciFiBoy said:

Snesboy said:

SciFiBoy said:

Snesboy said:

SciFiBoy said:

Higher Taxes I choose you!

 

Fixed.

 

@Monty

Mafoo is right. Somewhat.

 

 

so we shouldnt tax the super rich? what do you think taxes do? they pay for your police force, your army, and anything else in the public sector, progressive taxation is the only sensible tax system

That's not what I am saying. Everyone should be taxed. Just make it a percentage of whatever you make. For example, 10% federal tax on 100,000 dollars is different from the same percentage on 10,000 dollars. That's what the government should do, but until then, I will be waiting for my refund in the mail.

 

 

oic imo taxes should be proportional to income

example:

Salary: under 10k = Tax: 0%
10-20k = 5%
20-50k = 10%
50-100k = 25%
100k-1m = 50%
1m+ = 75%

this should apply for most taxes, income tax, local tax, inheritance tax, corporation tax, etc

You do realize that under your tax brackets someone who makes 1 million would have more takehome pay them someone who makes 1 million and 1 dollars right?

 

 

its just an example to illustrate my point, if you think the 75% bracket should start a bit lower, thats fine

 

And I think we already waste too much tax money on stuff that doesn't work.  Feeding more money to the inefficien t system before there is reform in how it works is foolish.

It's like trying to pour water in a cup with a hole.  The answer isn't to pour more water it's to fix the hole.

We could accomplish all we accomplish now on a much tighter budget.