Quote:
Originally Posted by bronco67
It would make sense that anyone that makes under $20,000 a year should be exempt from taxes, and the more your income is, the more of a percentage you'd have to pay.
But that makes too much sense.
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Why does that make sense? Why should a dumbass making 19,000 not have to pay any tax and yet still get every benefit?
How about EVERYBODY pay 10%. NO deductions allowed.
The 20,000 guy pays $2,000 in taxes. The 2 MILLION dollar guy pays $200,000 in taxes
The BILLION dollar guy pays 100 MILLION dollars in taxes.
No deductions, no b.s., no "special favors" Everyone pays equally and everyone benefits equally.
That Billion dollar guy is probably paying the same as the $20,000 guy with todays tax code: ZERO
If EVERYONE paid the same percentage we would have more than enough revenue. And there would never be any "tax hikes" or "tax breaks".