Talk of The Villages Florida - View Single Post - What is a 'fair share'?
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Old 03-10-2024, 09:18 AM
Joe C. Joe C. is offline
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FAIR SHARE ??

10% of your earned income, no deductions, no write offs.
7% of your savings and investment interest ....no exemptions.

If you make 10 thousand dollars, you pay 1 thousand in tax.
If you make 10 million dollars you pay 100,000 in tax.
What could be fairer than that?

The reason I say 7% on savings and investment is to encourage people to save and invest.