inequality in the law exists and always has. Do you think someone making less than $20K a year can afford to pay 20-30% of their gross income in taxes, the same way someone making $80K a year can?
huh? can you answer the question? Do you think someone making less than $20K a year can afford to pay 20-30% of their gross income in taxes, the same way someone making $80K a year can?
I don't give a **** what your justification for unequal treatment is. You advocate for one, you have no basis for arguing against another. BTW 50% don't make $20k or less, so your example is garbage
Why are you so afraid to answer? Do you think someone making less than $20K a year can afford to pay 20-30% of their gross income in taxes, the same way someone making $80K a year can?
Not my concern. I care about equal treatment under the law. People are allowed to earn more. They shouldn't have their property removed from them unequally just because the can "afford" it.
Below is an example of a flat tax applied equally to both rich and poor, employed and unemployed. The flat rate in the example is 23% but would be adjusted based on government needs and applied to ALL equally. I'm all for changing our Federal tax system to something which would apply equally to ALL. A flat tax rate of 23% would be a good start, requiring each able body and mind adult to pay 23% of their total income produced each year, regardless of source and with NO tax deductions at all OR provide 23% of a full time work years labour, 480 hours, in government service. Those filing for government assistance would be required to perform 40 hours labour each month until a total of 480 hours each year in order to receive ANY government assistance. Examples of application shown below: Unemployed person 0.00 0.00 FICA tax 0.00 0.00 Fed income tax 480 hours of government service, 40 hours minimum per month to be eligible for ANY government assistance MW worker $7.25/hr 15,116.25 -1,156.39 FICA tax (7.65%) 13,858.86 -3,210.77 Fed income tax (23%), 480 hour of government service or a combination of both 10,648.09 Take home pay MC worker $25/hr 52,125.00 -3,987.56 FICA 48,137.44 -11,071.61 Fed income tax 37,065.83 Take home pay 150,000.00 -10,154.40 (SS: 128,700 x .062 = 7,979.40) + (MC= 150,000 x .0145 = 2,175) 139,845.60 -32,164.49 Fed income tax 107,681.11 Take home pay 500,000.00 -19,729.40 (SS: 128,700 x .062 = 7,979.40) + (MC= 500,000 x .0235 = 11,750) 480,270.60 -110,462.24 Fed income tax 369,808.36 10,000,000.00 -242,979.40 (SS: 128,700 x .062 = 7,979.40) + (MC= 10,000,000 x .0235 = 235,000) 9,757,020.60 -2,244,144,74 Fed income tax 7,512,905.86 Take home 100,000,000.00 -2,357,979.40 (SS: 128,700 x .062 = 7,979.40) + (MC= 100,000,000 x .0235 = 2,350,000) 97,642,020.60 -22,457,664.74 Fed income tax 75,184,355.86 Take home
I am all for a flat tax that taxes nobody for any money made under the poverty rate (rich or poor) and then everyone is taxed equally for every dollar earned over that that is my idea of a fair flat tax
are you serious, you want to punish people working min wage jobs by making them do gov labor on top of that,
Yes, I am very serious, it would entitle them to government assistance provided them at a cost to tax payers who are paying for the funding they are receiving.
Doesn't matter what the minimum wage is, it should be taxed. Lower or eliminate the minimum wage and more jobs might be created. In my youth I often worked for less than the minimum wage and was happy to get the work. A wage should be no more than what an employer is willing to pay and no less than what the employee is willing to accept.
I disagree, no one should be taxed for any money below the poverty limit rich or poor, every American should get that poverty tax credit, rich or poor
of course the right is against it, cause it helps the poor, even though every American would get the same benefit, they can't stand that it woudl help the poor the Trump tax plan will give more to international corps then the middle class and the inheritance tax will give the rich like Trump's family billions in tax cuts, that they are for
I am just glad they work, I do not think they are worthless and should be punished cause they can only get a min wage job anyone that works 40 hours a week should be able to support themselves