Pay No Taxes for 6-Months!!!

G&M Performance · 02-10-2009, 08:16 PM

^^ Semtex, very good point about Hong Kong. It is a system that works for them, but I just don't see it being as efficient in a large nation like ours.

Anyway, I would be happy with progressive taxation as long as the government utilizes our capital wisely, which has not been the case. Then again, we vote people into positions of power that should not be there to begin with. Maybe we the people are to blame?

Now back to your plan. The major downside regarding a static tax rate for everybody is that some may be affected more than others. A 17% across the board tax may affect someone who is a hard worker but not paid well like the next Joe. In other words, a progressive tax plan is "fair" in today's non-utopian society. Now if we all made the same, like in a socialist society, then equal taxation would be perfect.

02-10-2009, 08:16 PM	#23 (permalink)
G&M Performance Enthusiast Member Join Date: Jan 2009 Location: Texas Posts: 425 Drives: LS3 Genesis Coupe Rep Power: 229	^^ Semtex, very good point about Hong Kong. It is a system that works for them, but I just don't see it being as efficient in a large nation like ours. Anyway, I would be happy with progressive taxation as long as the government utilizes our capital wisely, which has not been the case. Then again, we vote people into positions of power that should not be there to begin with. Maybe we the people are to blame? Now back to your plan. The major downside regarding a static tax rate for everybody is that some may be affected more than others. A 17% across the board tax may affect someone who is a hard worker but not paid well like the next Joe. In other words, a progressive tax plan is "fair" in today's non-utopian society. Now if we all made the same, like in a socialist society, then equal taxation would be perfect.