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The biggest problem I have with that is that taxes for the rich have a history of becoming taxes for all. I want to see less wealth being consumed by governmen
by tastyfreeze 5y ago
The biggest problem I have with that is that taxes for the rich have a history of becoming taxes for all. I want to see less wealth being consumed by government and more of it staying in the hands of the people that created it.
I would like to see a flat tax rate with a negative income tax for people below a certain threshold to replace welfare. Flat tax to treat everyone equally and negative income tax to shorten the tail on the left of the curve.
But, that is me. I don't have a problem with some people having vastly more wealth than me. They are still citizens that should be treated as equals under the law.
I would really like to see the 16th Amendment repealed and government return to being funded by import/export tariffs. A flat tax with a negative tax on the low end is a compromise in my mind. I don't see the 16th Amendment ever being repealed but I do want to see tax code simplified, people keeping their income and less redistribution through welfare. That is not something that government should be doing. Sending more money to government is a bad investment.
- ajmadesc 5y agoIsn't a negative income tax that turns into a flat tax just a progressive tax scheme??? # Negative + flat ____ / -------/------- / #progressive _/ _/ _/______