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How much revenue would you levy from each state? What would be a fair way to decide that? The point of income taxes is, that we (the society) consider them fai
by tomp 8y ago
How much revenue would you levy from each state? What would be a fair way to decide that?
The point of income taxes is, that we (the society) consider them fair - the high-income-earners don't only pay more taxes in absolute terms, but also in relative terms, because of progressive taxation (personally, I think that tax rates should be based on wealth, not income, and that capital gains should be taxed equally as income, but I'm clearly in the minority with that opinion).
- jrs235 8y agoPopulation? Fair? That's a conversation. (Personally I think wealth should be taxed somehow too. What's fair? Another conversation. I too think capital gains should be taxed at the same rate or higher than income.)