I really want to know what you think is a fair amount the government should take, from each of the following people in income tax the following people :
John X makes 500k a year
John Y makes 75k a year
John Z makes 15K a year
I understand there are more factors, but tell me based solely on the amount they make per year.
2007-01-11 12:45:12 · 6 answers · asked by Anonymous in Politics & Government ➔ Government
None from all. Fair Tax now.
2007-01-12 02:18:09 · answer #1 · answered by Chainsaw 6 · 1⤊ 1⤋
Personally, what I don't understand why there are different rates. In most countries the taxable income is on a flat percentage, regardless of amount of money made. I think it should be a flat rate at about 16%. FOR EVERYONE. The fact that there is differences based on income clearly illustrates how the rich get richer and the poor get poorer.
2007-01-11 20:55:43 · answer #2 · answered by ladyfatale01 2 · 0⤊ 1⤋
As a Democrat - I am very much alone in supporting a flat tax ... but I do.
I FIRMLY believe that John X should pay 75,000 a year
John Y should pay 11,250
John Z should pay 2,250
Everybody pays 15% ... no deductions, no monkey business, no loopholes ... just a tax, just like a sales tax.
2007-01-11 20:53:22 · answer #3 · answered by kentata 6 · 2⤊ 1⤋
X should pay 33%; Y 10%; & Z- nothing. Oh- & there's nothing "fair" about taxes. They're a hard economic fact of life.
2007-01-11 20:58:00 · answer #4 · answered by Joseph, II 7 · 0⤊ 2⤋
That's easy 80,000 for first. 12,000 for the second, & 2,400 for the third. Basicly 16% with no additional write-offs, or loopholes.
2007-01-11 20:58:10 · answer #5 · answered by Fab 4 · 0⤊ 0⤋
I personally believe that it should be straight across the board....one flat tax!
2007-01-12 11:53:17 · answer #6 · answered by Anonymous · 0⤊ 1⤋