What % of tax revenues should the rich (top 5%) pay?

[Galaki]

Zlejedi said:

Galaki said:

Soleron said:

Currently the problem isn't the rate but the fact that high earners pay good accountants to transfer income around so the actual amount paid is MUCH less than it should be.

They know all the loopholes. Meanwhile, the rest of the world pay full tax.

Maybe tax should be based on wealth, rather than income. That'll probably push people to spend instead of stuffing in the banks.

And that's another reason for flat tax rate without any loopholes to exploit.

Not to mention huge reduction in amount of people needed to keep and check tax system from the goverment side.

I've always thought that the tax system is there to scam unaware/lazy people. (I am one of the lazy ones)

You'd actually have to dig into the rules and all that mumble jumble and exploit it. I hate tax returns.