Quote:
Originally Posted by J. Strnad
The wealthy have many more ways to avoid income taxation than wage-earners do, so it isn't as "fair" in real life as it sounds in practice.
Also, an income tax must be graduated because a tax rate of, say, 10% hits lower income people harder, possibly forcing them to cut back on essentials, whereas wealthy people can absorb a 10% hit without giving up any "first fruits." So, their rate needs to be higher.
|
The wealthy may have more ways to avoid income taxation, but if they were taxed at a fair rate they wouldn't have needed to
find said ways in order to keep the money they earned.
