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Originally Posted by VJW
income pay a much higher PERCENTAGE of their income in taxes, and those with higher discretionary income would pay a much lower PERCENTAGE of their income in taxes.#
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Apparently all those math classes I took failed me, last I checked 20%of 30,000 and 20% of 300,000 or 3milion was the same PERCENTAGE. IE 20%.
Thats why it is a flat tax, everyone pays the same PERCENTAGE.
And since 20% of 30,000 is only 6,000, whereas 20% of 300,000 is 60,000 It doesn't look like the same amount to me. Guess I have a different opinion of PERCENT and SAME than you though.