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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Metacomet who wrote (248005)	3/24/2014 5:34:36 PM
From: cosmicforce	Read Replies (1) \| Respond to of 541944

I know the apparent simplicity of the flat tax sounds fair and appealing but it is highly regressive. 10% of a homeless guy's income is a lot more than 10% of a billionaire's in terms of personal impact. A progressive tax that crosses zero at the poverty line and goes to 15% at infinity is just as easy to calculate (15% of anything over poverty line) is far, far, far more equitable. For most people this would be a tax cut. If you are making 2x the poverty line you pay 7.5%. 3x the poverty line you pay 10%, etc. There is a whole cadre of people who would hate this though (H&R Block and all other private tax preparers).

To: Metacomet who wrote (248005)	3/24/2014 6:11:40 PM
From: Alex MG	Read Replies (1) \| Respond to of 541944

really? someone making only $5000 per year should pay income taxes?? wow, i thought only libertarians and the plutocrats were for a flat tax since it is so regressive anyone in the upper tax bracket of 39% should be glad they are there and not bitch about paying more seems ridiculous to me those living in poverty should be subject to a tax Bobby Jindal tried to eliminate the state income tax here and make up for it with increasing the sales tax more regressive taxation that favors the wealthy... even the state republicans were against that, so that was the end of that idea really surprised you are for taxation that favors the wealthy, when the disparity is at all time highs... yeah i agree about eliminating all the loopholes but still a flat tax favors the wealthy... especially only 10%... wow, that's not even a decent tip

To: Metacomet who wrote (248005)	3/24/2014 7:24:35 PM
From: bentway	Respond to of 541944

I'm all for a flat tax, on all and any sort of income, if it STARTS above what constitutes a living yearly income for a single person, a married couple and those with (x) number of children - which would all be different numbers. Then, it would be fair. Because you, I and the Koch brothers all need the same essentials to survive. But as you say, the wealthy greedheads, who live in America, yet don't pay their fair share, would never allow it.

To: Metacomet who wrote (248005)	3/24/2014 7:50:11 PM
From: Alex MG	Respond to of 541944

well, ironically enough, Steve lokness is more a liberal or progressive than you on that issue ouch i think he is for a flat tax but puts a demarcation line at certain low income threshold apparently you are more in line with Herman Cain, aka Mr 999... ouch again