Re: POTUS 45.42: Who Needs Tax Increases? If You're Rich Just Write A Check.
Yes, but it’s not about personal consumption. That’s a use tax or sales tax. Those are inherently regressive.
A person who makes $50,000 can’t afford to pay $1,000 in taxes as much as a person who makes $500,000 can afford $10,000.
If we want a flat tax, I want the first $250,000 exempted. The rich can fight it out over the rest.
Originally posted by SJHovey
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A person who makes $50,000 can’t afford to pay $1,000 in taxes as much as a person who makes $500,000 can afford $10,000.
If we want a flat tax, I want the first $250,000 exempted. The rich can fight it out over the rest.
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