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That's AWESOME news! The more you earn the less you must pay in taxes. There's a simple explanation for this the low income people getting more services from so
by Necromant2005 9y ago
That's AWESOME news! The more you earn the less you must pay in taxes. There's a simple explanation for this the low income people getting more services from society, than wealthy one. So it's fair share for society depends on amount of service society provides for you.
- Necromant2005 9y agoIdeal taxation system must follow normal distribution: http://www.itl.nist.gov/div898/handbook/pmc/section5/gifs/normal.gif http://www.itl.nist.gov/div898/handbook/pmc/section5/gifs/no... where: x - income f(x) - taxes For example: $5k annual income = 0% taxes $10k - 10% taxes $75k - 150k - 35% taxes $150k - $250k - 30% $250k - $1kk - 25% $100kk - 1%