@Drnaline,
Drnaline;8257 wrote:How much doe's a person making one million pay in taxes as opposed to the one making fifty? Proportionate?
Proportionate doesn't matter.
I'll let you in on a little big secret: people who make a million dollars a year
pay almost nothing in taxes, because they use tax shelters and investments
and bonds to avoid paying taxes, because that's the point of the tax system.
If they just put their money in their mattress or in a bank account inflation
would go through the roof and we'd have another great depression, which was
a crisis of surplus rather than a crisis of deficit. The great depression happened
because a system wasn't in place to accurately make sure the people at the top
spent their money and kept it circulating through the economy, so they ended
up hoarding all of the money at the top, and everyone below them crashed.
The progressive tax system was devised then and there to make certain that
people with excess capital used it in some manner, because the country will
crash to its knees if they don't.
Someone will always pay taxes, we couldn't have a government without
them. Do you really want to charge someone who makes $50,000 a year
the same amount as someone who makes $1,000,000? Look, country clubs
have V.I.P. memberships that cost a little more. I don't know the last time
you had the luxury of taking a couple of weeks off to fly to every National
Park or whatever, but I think they can pay the extra tab for the extra
benefits they get in this country.