FrosteusJoin Date: 2013-12-21
Post Count: 13470 |
I havent done much research on it >economically< so im not gona pretend to know more than i do
from a basic viewpoint, it just looks like u punishng ppl for being successful
idk, if ur liberal, heres u chance to convince me |
|
FrosteusJoin Date: 2013-12-21
Post Count: 13470 |
b |
|
|
not a liberal BUT ill explain what's wrong with flat tax rate
flat tax rate seems relatively fair right
same rate for one person, same rate for another
but let's look at a very basic example
person 1 is taxed 10% of $100
person 2 is taxed 10% of $1000
who is paying more? person 2.
the rich person is severely punished for being successful, which is just plain old stupid.
what we REALLY need is equal payment taxes. have everyone pay, say, $500 or whatever number you deem reasonable. that way we don't punish people for being successful. |
|
heinekaNJoin Date: 2015-12-03
Post Count: 10 |
i think the main argument is that flat tax would diminish lower class' chances of rising out of poverty |
|
|
I'm in favor of the fair tax, though I would support a flat tax over the current tax system. Playing Devil's Advocate, here's the argument against
Poorer people can't afford to give more of their money up while richer people can.
Also, people have a fundumental misunderstanding about progressive taxation. If you make 300,000 dollars and are in the 50% bracket (no idea if that's accurate, just an example lmao)
let's say there were 3 tax brackets,
10% for people who make 10k
25% for people who make 100k
50% for people who make 250k
OK. So this is how it'd work for mr 300k here
He'd pay 10% tax on his first 10k
He'd pay 25% on his next 90k
The rest he'd pay 50% on
There's way more brackets which edge up little by little, so rich people will keep alot of the cash they do make |
|
|
"not a liberal BUT ill explain what's wrong with flat tax rate
flat tax rate seems relatively fair right
same rate for one person, same rate for another
but let's look at a very basic example
person 1 is taxed 10% of $100
person 2 is taxed 10% of $1000
who is paying more? person 2.
the rich person is severely punished for being successful, which is just plain old stupid.
what we REALLY need is equal payment taxes. have everyone pay, say, $500 or whatever number you deem reasonable. that way we don't punish people for being successful."
you literally went ultra-conservative fiscal policy on this no one has the balls to say this
+ if you tax a person at the poverty line the same as an upper-class man no one will break poverty line unless you're taxing ridiculously low so no one will break poverty line + we're all dead
|
|
|
I don't think people should have to pay more taxes based on their social class. Equality should not be forced because the 'equality' liberals want on taxes is not equality, it's socialism.
Guardian Units of Nations,Leader~Scar~ |
|
IsostaJoin Date: 2015-05-10
Post Count: 14729 |
literally nothing. fair is fair, flat tax is fair.
$.get('gud') |
|
|
how about we just get rid of taxes? :)
"You're so toxic you got me sick LOL" -ProelioSeverloh, Imperator of TSL |
|
|
tiered tax system exists for a reason - because putting an equal burden on single parent families with that parent working two jobs vs. well off families able to do things luxuriously isn't just |
|
|
well i mean its common knowledge that with the more money you have, the more you spend soooo
Join Paragons! |
|
FrosteusJoin Date: 2013-12-21
Post Count: 13470 |
So what im getting is that we must pull the rich down to the lower class for it to be fair?
.-. |
|
|
@savage So instead the option is to tax those who don't have spending money at all
@frost It's not fair to overgeneralize and broaden statements; at the end of the day every modern government system has some sort of social balancing and done at a moderate degree it makes sense to allow people to boost each other up |
|
FrosteusJoin Date: 2013-12-21
Post Count: 13470 |
@heydude
except the system hasnt been working and has been doing the opposite, so clearly wut u just said isnt true |
|
xEnforcerJoin Date: 2011-06-03
Post Count: 1077 |
It really depends on the vision you're trying to accomplish. There are, generally, three different 'types' of tax systems:
> The flat tax
> the progressive tax
> and the 'fair tax'
Flat tax helps the middle and upper class prosper, and can help create new jobs. The problem, however, comes with the fact that people won't be able to get out of poverty faster than in a system with progressive tax. Remember, jobs require investment in education and what not, and those below the poverty line likely will not have that.
Progressive tax helps lower the poverty line, but can hinder economic growth for the middle and upper class. The rich are often considered to be 'punished' for their success.
The fair tax completely goes away with the notation of income tax, and instead hikes up a consumption tax (some models have it all the way up to 30%). Important commodities, like food and water, would be rebated by the government. This system, however much radical, seems to be the best imo. The rich get to keep their money, and the poor get access to necessities of life.
|
|
|
FrosteusJoin Date: 2013-12-21
Post Count: 13470 |
Except that its the rich who make the jobs for the poor? |
|
|
ok but that's been because of stagnant wage growth despite a really low unemployment rate |
|
xEnforcerJoin Date: 2011-06-03
Post Count: 1077 |
r u talking to me or...? |
|
|
"Taxing people for being successful"
Because of issues like unemployment and the meager wages earned by middle and lower class folk, I believe a flat tax would really hurt American economy.
You'd end up over taxing the impoverished and barely denting individual wealth.
If you understand the economy, money needs to be in circulation. It needs to flow throughout society. Taxes are one means of keeping a money in circulation. |
|
FrosteusJoin Date: 2013-12-21
Post Count: 13470 |
sorry, but pretending like the lower class largely isnt there due to welfare is asinine |
|
|
Flat taxes in the US would mean we would absolutely NEED many public goods to become privatized, lest they fall out of favor. |
|