Quote:
Originally Posted by Sweetpea
I'm all against a flat tax without exceptions. As they say here: the biggest shoulders should carry the heaviest burden.
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Well, flat tax, in my vocabulary is exactly XY% for everyone. With possible exception where there is some minimal constant that you subtract from an income and then you compute, let's say, 30% of income as tax.
Opposed to flat tax, is progressive tax, where the more you earn, the bigger cut (number with % at the end) they take.
You earn 12000 per year, you pay 40% of that, you earn 50000 per year, you pay 50% of that.
What you call flat tax, is in fact a constant payment, like a road tax, or "municipal trash removal" tax - a constant sum per head. Period.