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Politics : View from the Center and Left
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To: Metacomet who wrote (209551)11/26/2012 4:58:09 PM
From: Win Smith1 Recommendation  Read Replies (2) of 540835
 
The appeal of this approach is the simplicity

The progressive rate brackets in the current income tax are a minuscule fraction of the complexity in it. It's just not that hard to understand, or compute for that matter.

I could support a flat tax, but only if the ( quite regressive) payroll tax was incorporated into it.

The income tax is the only tax that has any progressive elements anyway. Almost every other form of taxation is regressive one way or the other. Sales tax, property tax, user fees, gasoline tax, payroll tax - I can't think of any other tax where what the rich pay is equal, as a proportion of either income or wealth, to what people of modest means pay.

I agree about the VAT and complexity, though. In terms of fairness, it's hard to distinguish from a sales tax, but it seems quite complex in administration. I don't quite get the point.
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