SciFiBoy said:
Kasz216 said:
Yes.
I believe if people want to keep a progressive tax it would have to be after multiple large scale studies on how having more money effects your ability to make money and quality of life. Of which we need much better measures as it stands.
Once the rates are set they should be untouchable for 2-3 election terms. With any tax raises or cuts having to be proportional. Aka. If the "Rich" are paying 20% and the Poor are paying 10%... and they want to raise the rich rate to 22% they would have to raise the poor tax rate to 11%.
After 2-3 elections it woulf be followed by the same studies to see if the results have changed, and the rates being set to be changed either up or down based on the same studies after another 5 years or so.
Why 5 years or so? So polticians will not be able to set that money to special projects since in 5 years as the political landscape will be different.
Until such a system is in place. Progresssive taxation will be nothing but a tool for politicians to raise moneys for their pet projects while keeping their power.
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i can agree to that, infact it makes alot of sense to me.
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In that case I suppose we'll just have to argue what is better until such a situation is achievable.
Of which I believe a flat tax is because it's the only thing you can assure is fair.
Also it's a lot easier to make taxes more progressive and harder to make them less progressive.
In fact just about every tax change in the US has been progressive since WW2.
Even most of the ones that people see as handouts to the rich such as the Bush tax cuts.
http://www.ncpa.org/media/did-the-bush-tax-cuts-favor-the-wealthy
That's the one funny thing about Bush. He's actually been the best president when it comes to keeping the distribution of wealth fairly even in a long time. Better then Clinton....
but he doesn't get any credit for it.
It's like the one thing he did right.