"Fair Share"

joeydb · #1 04-18-2012, 08:20 PM

Quote:

Originally Posted by Rupert Pupkin

If they did a federal sales tax in lieu of income taxes, I think they would have to make the federal sales tax really high to make up for all the lost revenue. If the federal sales tax was in lieu, my guess is that it would probably be around 25% or higher. I think that is way too high. That is why I suggested a combination where they have a small federal sales tax and then they could lower federal income tax, but not eliminate it.

Well, if they actually cut spending, they wouldn't "need" more revenue.

Rupert Pupkin · #2 04-18-2012, 08:29 PM

Quote:

Originally Posted by joeydb

Well, if they actually cut spending, they wouldn't "need" more revenue.

They definitely need to cut spending way down!

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