Results 1 to 10 of 19323

Thread: Things that made you laugh today (Political Version)

Threaded View

Previous Post Previous Post   Next Post Next Post
  1. #11

    Default

    Quote Originally Posted by Suppressed Poet View Post
    Gahdangit Seran. Read your below reference in its entirety.

    Although individuals are taxed at the same rate, flat taxes can be considered regressive because a larger portion of income is taken from those with lower incomes. For example, a 6% sales tax on a $1,000 computer ($60) would take a greater portion of a $10,000 income than of a $50,000 income.

    The above is talking about sales tax. A rich man and a poor man that pay 6% sales tax on a $1,000 item each pay $60. In that sense, according to your reference, the tax is regressive because $60 is a greater portion of the poor man’s income. Now rub together your last 2 remaining brain cells to think what a 6% income tax means to each. The rich man pays more than the poor man, but it’s proportionally equal. Got it?
    Did you just completely disregard the entirety of the first sentence and hang your entire argument on a modifier? Lol dude, you're something else. We've got a progressive tax system in the United States, and have had one for what a hundred years? It's not going anywhere, the wealthy in this country are doing fine without creating a leading aristocracy through implementing your regressive tax policies.

    I'm sure it's completely escaped you that the rich in our country are trying to recreate the French pre-Revolution Three Estates system where the clergy and nobility were largely untaxed, while the peasants paid the lion's share of taxes.
    Last edited by Seran; 07-25-2023 at 11:17 AM.

Similar Threads

  1. Replies: 8164
    Last Post: 08-15-2025, 02:30 PM
  2. Replies: 6280
    Last Post: 08-04-2025, 10:09 PM
  3. Replies: 2605
    Last Post: 08-02-2025, 10:20 AM
  4. Things that made you frown today (Political version)
    By Warriorbird in forum Politics
    Replies: 185
    Last Post: 08-01-2024, 01:08 PM
  5. Replies: 1017
    Last Post: 03-12-2024, 09:22 AM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •