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View Poll Results: What should paying one's "fair share" mean with regard to taxes?
Flat Tax: Everyone pays the same proportional tax rate on earnings above a defined minimum 9 40.91%
Head Tax - Everyone pays the same flat dollar amount regardless of income level 0 0%
Progressive - Your taxes are driven by the "bracket" you are in 10 45.45%
Fairness cannot be defined anywhere in life, so politicians using this phrase are clueless 3 13.64%
Voters: 22. You may not vote on this poll

 
 
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  #14  
Old 04-13-2012, 09:59 PM
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Riot Riot is offline
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Quote:
Originally Posted by Rupert Pupkin View Post
I think it is an exaggeration to say that a national sales tax would "kill people that make less than $25k a year". If a person makes $25k a year, I assume they are paying rent. There would be no national sales tax on rent. Let's say their rent is $500 a month. That means they would be left with $19k to spend. There would be no national sales tax on health insurance or car insurance or any of those things. After all those things were paid, how much would the person have left to spend, maybe $15k? If they spent every dime of that on things that had a national sales tax, they means they would have spent $750 total for the year on taxes. If you make $25k a year and your total tax bill is $750 for the entire year, that isn't so bad.

If you think that is too much I guess there could be an exemption on the sales tax for people who make under a certain amount.
Adding another 5% tax on groceries, Wal Mart, gasoline, etc. us tough when you're poor, and don't forget the flat federal income tax on their entire income, too (I thought you said a national sales tax and a flat tax too?)

We'd have to exempt certain poverty-level incomes. The middle class, heck, those making less than $300,000 or so a year, hasn't had an effective "raise" in their real income in four decades. Flatline. Stagnant. They can't afford any additional taxes.

Can we just start eliminating loopholes for those that can best afford it first? The very wealthy?
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