Would you support a flat income tax rate?

Question

Why or why not?

Answer 1

Let us presume the flat tax is 10% and you make 30,000 a year. That means you pay 3,000 in taxes. That leaves you with 27,000 to live on.

Now let us presume you make 300,000 a year and you pay 10% tax. You would pay 30,000 in taxes. leaveing you with 270,000 to live on.

Which person can easilly buy food, shelter, and clothing, medicine? Which one may have to give up one of those because they still don't have enough to make ends meet.?

While the amount of tax is many times greater for the second one they still can live quite comfortably on what they have left after taxes. The first one is probably barely able to get by on that wage before taxes let alone after.

Answer 2

In a perfect world I think I would be in support, but in the world we live in I think there are those who are better able to make a contribution. If there was a flat tax I believe there would need to be greater deductions for those in the low income to compensate for the increased tax, because you certainly couldn't drop the top tax rate on the rich down to that of the current poor - the government would go broke if we did. There's obviously much more to it and you could talk for hours about it. Taxing is necessary, unfortunately.

Answer 3

Sure with no tax shelters for the rich at all. A straight 20% and that is more then they pay now at less then 10-15% with their tax shelters.

Answer 4

it will never happen...the rich get paid by the government and would put out a hit

Answer 5

yeah, tax every one fairly and then the rich will pay more..........

they missed me with abortion, they are taxing me to death, and some day when i'm old they will try to kill me

Answer 6

YES! its fair across the board