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Who are the rich? Have you seen the stats on what constitutes the top 5%? Top 1%? I’ll bet the majority in TV are in the top 5% if not the top 1%. The majority of 65 year olds can’t afford to pay for a $1000 emergency.
But that’s not my fault and the people that worked and worked hard for the majority of their lives should not have to be penalized by paying the majority of the taxes. Social security is not a benefit because we all contributed to it growing up. It was not an option for me and if it was, I would have funded my own retirement fund. |
In the past there was a flat percentage that was floated that everyone should pay.
The problem with this and many other ideas is the write offs. By the time the slick lawyers and the savvy accountant step in the wealthy will not only not pay their fair share, but the taxpayers will also even subsidies them. |
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Politics will answer. :mornincoffee: |
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"Stupid is as stupid does." - Forrest Gump So what is "fair share"? The answer lies between the One that doesn't promise "fair" and the other that suggests that actions have consequences; somewhere in between the wisdom and guides of these two geniuses. |
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Fair share
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That would generate less than 50% of the current tax revenue. Good Luck balancing that budget. |
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