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It's Paul Ryan for VP
Message
 
 
To
25/08/2012 07:17:09
General information
Forum:
Politics
Category:
Other
Miscellaneous
Thread ID:
01550345
Message ID:
01551437
Views:
59
>What makes YOU think that I should pay 35% tax and the guy that makes 1000 times as much as me pays 14%? Where is this magical entitlement I'm getting in this formula? How is me paying more making less turn into me getting fruits of someone else's labor? How is me asking someone else to do what I have to do "punishing" them? I'm confused on how you think this has merit.
>
>It depends on why the guy who makes 1000 times as much a you do is paying 14%. If this is because he is paying capital gains and not income tax, remember that the money he invested was already taxed at the higher rate.
>
>I am not an accountant, so I do not know all the ins and outs of our convoluted tax system.
>
>As I have said before, I think we should get rid of all the loop holes and have a simple flat tax. But, of course, that would put all the accountants out of work <g>.

A flat tax would be very simple. The rich would pay less and the middle class would pay more.
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