View Single Post
  #7 (permalink)  
Old 08-22-2005, 10:49 AM
VJW VJW is offline
$ Saving College Freshman
 
Join Date: Apr 2005
Posts: 676
Points: 10141.70
Donate
Default Re: Flat Tax Positives & Negatives

Quote:
Originally Posted by Roger
Flat tax positives - ... everyone is taxed at the same rate and pays the same amount per dollar of income
That’s actually a 'Negative', as having everyone pay "the same amount per dollar of income" means that even with exemptions for food, medical care, drugs, and housing, the Middle-class would pay almost 3 times as much of their income, proportionally, as the wealthy, and the poor would pay 5 times as much of their income, proportionally, as the wealthy.

#
Reply With Quote