To: Metacomet who wrote (209547 ) 11/27/2012 9:59:02 AM From: Sun Tzu Respond to Let's see:Of course income isn't the sole arbiter of how well off one considers himself Yes that is a given, but for policy purposes, a person's subjective opinion is completely immaterial. Policy should be made on the basis of *fairness* and *objective measurable criteria*.It can be argued, by some, that it is worth the extra expense to have access to the NYC amenities This is too subjective of an argument. One could argue that that the noise pollution and traffic jams of NYC and many other things that cut into quality of life mean that people in Dayton are "subsidized" in taxes <vbg>. Like I said, policy should not be based on subjective opinions. I've never seen any good come out of that.It would be impossible to tweak any tax code to compensate for these types of subjective choices It is neither impossible nor difficult to do so. International consultants and firms are quite used to doing this. Mercer routinely provides cost of living index and consultant's compensation are adjusted accordingly.In my opinion income tax should be 10% of all income, from the first dollar to the last of "income" Personally I don't think there should be any taxation on income. I would tax savings (and I have a pretty broad definition of what savings are). It is counter intuitive, but it will meet the goals of most people involved on both left and right (the 1% could complain, depending on the implementation).
