Fair Taxation - Derby Trail Forums

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Fair Taxation

View Poll Results: Which tax approach would be the most "fair"?
The current income tax system - many rates, higher rates for more affluent people.	5	23.81%
One income tax rate - (i.e. make twice as much, pay twice as much)	8	38.10%
Per capita tax - everyone pays same tax regardless of income level	0	0%
European style VAT tax assessed at each stage of product development, assembly, and sale.	0	0%
National sales tax, assessed at last sale only - not during assembly or production	4	19.05%
Some other system, either thought of already or yet to be drafted up	4	19.05%
Voters: 21. You may not vote on this poll

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06-22-2010, 10:48 PM

GBBob

Hialeah Park

Join Date: Jun 2007

Posts: 6,342

Quote:

Originally Posted by joeydb

My personal opinion is that one rate is the way to go. Why? Because "fair" cannot be defined mathematically. The closest we will ever come to fair is "proportional". And that means one rate. Take the first, I don't know, say, $50,000. Nobody pays taxes on their first $50k. Anything above that is at the same rate, whether you make $55,000 or $550,000. The same fraction of your income goes to the government. That's it.

In principal, it sounds good, but we would self destruct as a country.

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