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Progressive taxation is just negative feedback for earning more. Most taxes are percentage based. Let's assume tax level is 20%. - one earns $1000 he will give
by krzyk 11y ago
Progressive taxation is just negative feedback for earning more.
Most taxes are percentage based.
Let's assume tax level is 20%.
- one earns $1000 he will give $200 in taxes,
- one earns $10000 he will give $2000 in taxes.
Richer person already gives more to the society than the poor one, taxing the rich guy with higher taxes is just a way of making them guilty because they made it.
Progressive taxation here in Europe actually hits the middle class the most, as most of them are already in the highest tax tier (I'm not talking about the ridiculous French 75%) and as soon as you reach this level you are suddenly hit by a big tax. It makes you wonder, what you did wrong?
- s73v3r 11y ago"Richer person already gives more to the society than the poor one" Richer person also received orders of magnitude more from society than the poor one. "taxing the rich guy with higher taxes is just a way of making them guilty because they made it. " It is not, at least to a sane person. If you're the type of person that believes that saying "Happy Holidays" is persecuting Christians, then you might think that. "It makes you wonder, what you did wrong?" No, it doesn't. Not at all.
- mcv 11y agoIn Netherland, you have to be well above average to hit the highest tax bracket, and even then, most of your income will fall in the lower brackets. To have most of your income in the highest bracket, you're well beyond middle class.