Friday, February 22, 2013 5:27:42 PM
I hear what both of you are saying, and many people advocate that type of regressive tax, as opposed to our current progressive tax (the more you make the more you pay.)
The problem is that while a regressive tax rate appears to be a flat tax at first glance, this system is set up so that people with lower incomes are paying a higher percentage of their earnings in taxes.
Time for a Bass Ale!
The problem is that while a regressive tax rate appears to be a flat tax at first glance, this system is set up so that people with lower incomes are paying a higher percentage of their earnings in taxes.
Time for a Bass Ale!
All that is needed to make a happy life is within yourself, in your way of thinking. -Marcus Aurelius
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