*chuckles* Why I'm not a Republicant
14 years ago
I'm amazed some people didn't know this about me. But I'm not a republicant. I believe very much in either a nonavoidable flat tax on everyone who makes over 30,000$ a year or to keep the current scale but make it 10% more if you make over 1,000,000$ a year.
If you at all follow the news, someone who makes 10+ mil a year pays between 0 - 4,000$ a year in taxes. Lets say I make 50,000$ a year I end up paying close to 9,000$ in taxes. How is this fair, and how is me paying more the person who goes out and tries to spend money to stimulate the economy while those that just sit on their money do nothing.
"The rich make jobs" If this is true why with all the tax cuts to the rich and all the big bonus the rich get, is unemployment sitting around 10% with record breaking ammount of job cuts and business leaving the USA? The ONLY way the US will get at all better is if we balance the scales and stop making the people who have 20% of the total wealth pay for 90% of the budget. Think of it that way.
*bugged otter is nippy*
If you at all follow the news, someone who makes 10+ mil a year pays between 0 - 4,000$ a year in taxes. Lets say I make 50,000$ a year I end up paying close to 9,000$ in taxes. How is this fair, and how is me paying more the person who goes out and tries to spend money to stimulate the economy while those that just sit on their money do nothing.
"The rich make jobs" If this is true why with all the tax cuts to the rich and all the big bonus the rich get, is unemployment sitting around 10% with record breaking ammount of job cuts and business leaving the USA? The ONLY way the US will get at all better is if we balance the scales and stop making the people who have 20% of the total wealth pay for 90% of the budget. Think of it that way.
*bugged otter is nippy*

I learned about the Flat tax rate from my economics teacher two years ago and I have been supportive of it ever since.
Silvyshadow
!silvyshadow
OP
I fully agree. It is very fair if I pay 20% and someone who makes 10mil pays 20%. I love a flat tax.
FA+