"A tax system in which those who earn higher incomes pay a higher percentage of their income than those with lower incomes. A graduated tax is one example."
In answer to your question:
How many times do you think an income stream needs to be taxed before it is "progressive" enough for you?
Our Federal tax system is based on profits and earned income. There is no such thing as an income stream; each transaction is a new transaction. State and local taxes might be your bitch.
It's true that you or I have income or earnings and that is taxed on a Federal, State and local level, And when we buy consumer goods (cell phones and use, etc.) we are taxed on the same money that was taxed. Perhaps this is an example of your inference to 'tax stream'?
“To be yourself in a world that is constantly trying to make you something else is the greatest accomplishment.” ---Ralph Waldo Emerson
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