flat tax |
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flat tax |
*krnxswat* |
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for or against? share your thoughts!
for those of you that doesn't know what it is, Q.What does "flat" mean? A. "Flat" simply means "no graduation", or everybody pays the same rate. If you graph income levels with tax rates, there is no rise -- it is "flat." Q.What is "graduation?" A. Graduation comes from the idea that another dollar added to a rich person's income means less than another dollar to a poor person. In other words, when poor people get another dollar, they might use it to eat better. When rich people get another dollar, they will only increase their level of luxury slightly, probably unnoticeably. So graduation makes a rich person pay more per additional dollar than a poor person. Graduation is part of the current US income tax system. Most other countries use graduation as well. |
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![]() dripping destruction ![]() ![]() ![]() ![]() ![]() ![]() ![]() Group: Staff Alumni Posts: 7,282 Joined: Jun 2004 Member No: 21,929 ![]() |
QUOTE(Aesirus @ Mar 4 2005, 5:55 AM) The income tax in general is a very bad way of raising money, and extremely detrimental to our civil liberties. An indirect or consumption based tax would be a lot better. There's a reason the Supreme Court ruled the income tax illegal in the 1890s and they had to amend the Constitution to install one. no. the supreme court ruled the income tax illegal becuase it was a tax by person, and that was prohibited in the consitution. QUOTE(Aesirus @ Mar 4 2005, 3:20 PM) Graduation isn't the problem. Everyone could pay a lower rate if they simplified teh code. In addition, everyone would be better off if we used an alternative to the income tax, which, since 1913, has destroyed the liberty treasured by Americans since 1776. please support your claim that income tax destorys civil liberties. personally, i believe income tax should be abolished an a luxury tax introduced, where 'extra' stuff ( like cars over 50K, houses over 1 Mill, etc. ) are taxed. |
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