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Disagree slightly. It seems to me that the issue isn't how the taxation happens but where. In your example, the $55k person is paying less taxes up front than $
by uticus 4y ago
Disagree slightly. It seems to me that the issue isn't how the taxation happens but where. In your example, the $55k person is paying less taxes up front than $$$ Mega-corp, but increased taxation on Mega-corp (and not $55k person) means Mega-corp now charges $55k person more for goods and services.
So, your main point is worth considering, but it's missing a vital point: the current taxation system is opaque in where funds come from. An alternative simpler taxation system is more transparent on where funds come from - I don't consider that regressive.
Let me put it crassly: if everyone paid 33% in taxes, the average voter would be more aware of the cost of tax-funded projects. Imagine what sort of voting that would lead to. I say "crassly" because in reality such a shift would definitely place a heavy burden on the poor in the near term. I honestly don't want that... but I also don't want to pull the wool over eyes.
- marcusverus 4y agoMost flat tax schemes I've heard of don't require businesses to pay the tax, for exactly that reason--it just ends up being passed on to the consumer, anyway. The Fair Tax is an example: https://en.wikipedia.org/wiki/FairTax https://en.wikipedia.org/wiki/FairTax