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I mean, great, but now you're back to tax brackets... May as well stick with the graduated system.
by OrwellianChild 10y ago
I mean, great, but now you're back to tax brackets... May as well stick with the graduated system.
- Zelphyr 10y agoI encourage you to read up on The Fair Tax. There are no brackets. There would be a single sales tax rate on all retail purchases. Nothing else. No deductions, no loopholes.
- OrwellianChild 10y agoI understand the concept but can't get behind it because it disproportionately taxes the poor (as a portion of their income). Taxing consumption gives the more wealthy a break since spending doesn't rise 1:1 with income.