Why we need a flat tax.

[TheRealMafoo]

Mr Khan said:

HappySqurriel said:

Mr Khan said:

The problem with your theory is that, according to the economy, the 300 hours of the rich is worth much, much more than the 300 hours of the guy working at KFC.

 

An equal contribution in terms of one's effort would still reflect the graduated tax more than the flat one

How is a doctor's time not worth dramatically more than a person who's job requires a very basic skill set and no education, has very limited responsibility with no stress, and has no medium or long term impact on anyone?

@Squilliam

My way to make house prices more affordable was not really a suggestion of how things should be done, as much as it was a demonstration of how the simple intuitive approach to problem solving that is often taken by governments (because it is easy to sell to people) can have the complete opposite reaction that they intend.

You misinterpreted my comment. I meant that the idea that some people's time is far more valuable than others is what helps invalidate his idea. What you said is what i meant to say

I think you might misunderstand my idea.

In a flat tax, the doctor would pay a lot more, because for the same effort he earns a lot more.

Let me put it this way.

let's say two people go in on a boat, and they agree when they buy it, that it will take 250 hours to restore. They both pay half for the boat, so they both own it equally, and they agree to do the work themselves (125 hours each). Also, let's assume one guy makes twice as much as the other guy. 

Each put 25 hours into it, and then the rich guy says "you know what let's just pay someone to do the other 200 hours".

Now, you could do this three ways.

1. One is you could hire a guy to do it, and split the cost down the middle. The problem with that, is you obligated the guy who makes less money to work twice as many hours to pay the guy, and thus "working" on the boat twice as much as the rich man.

2. Or, the rich man could pay twice as much as the other guy, and then in turn they put the same amount of hours into the boat.

3. You could also just have the rich man pay for it all, and the poor guy not have to put any effort into finishing up the other 200 hours.

of these three options, which seems the most right?

If you picked 2, why not apply that to a country we all equally own?