Quote:
Originally Posted by Byte1
Taxing the "rich" more than anyone else is/should be unconstitutional. The country is discriminating against a group of citizens. There are two means of being "FAIR" when it comes to taxation; do away with income tax and charge a federal sales tax, OR charge one equal percentage rate for ALL income earned. Those that pay no taxes receive the most from our government and those that pay the most, receive the least. Sorry, but that is not equal treatment. By the way, with either idea the rich will still pay the most taxes.
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Sure, let's play that game.
Instead of itemizing, which poor people can't do, and many non-poor somewhat middle-class can't do because the standard deduction is so high now...
Let's just impose a 2% PRE-deduction income tax on ALL adult Americans. No more student exemptions, no more child credits, no more tax cuts for the poor and middle-class or wealthy.
If you only earn $10,000 because you're a student working part time while attending school full time, you have to pay $200 at the end of the year to the IRS.
If you earn $1,000,000 because you're successful, you pay $20,000 to the IRS.
If you earn a billion dollars because you're super-successful, you have to pay $20 million to the IRS.
Lop those mandatory minimum payments off your gross income, cut a check, and send it in. And THEN you can itemize on whatever is left over.