Flat Tax

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Martin Hash
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Joined: Wed Jan 20, 2010 2:02 pm

Flat Tax

Post by Martin Hash » Fri May 02, 2014 4:09 pm

After all the 1% controversy, it's reasonable to accept that 20% of taxpayers pay 80% of total taxes. Flat-Taxers make the argument that a single "flat" tax rate would be a better solution. These people obvious don't possess even simple math skills because then they would know that for every 1% taxes go down for the wealthy, they go up 4% for the poor. So for a rich person's 35% tax rate to go down to 30%, a poor person's 10% tax rate would have to go up to 30%!

Flat-Taxers are actually saying that poor people don't pay enough taxes.
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