Interesting but not going to happen

[Danzig]

http://www.usnews.com/debate-club/is...e-new-problems


also, note:

Because flat tax proposals lower rates at the top, and because the top is where an increasing share of income is being concentrated, they also tend to bring in significantly less revenue than the current tax code, resulting in higher deficits, fewer public investments, and pressure to cut programs like Social Security and Medicare

[GenuineRisk]

Here's the tell on who Rand's tax benefits:

"Investment income: Capital gains, dividends and interest would be tax free."

In other words, where rich people get most of their income. So he's saying working schlubs pay tax, and the hereditary wealthy pay no tax.

I am surprised so many right-wingers spout off about their alleged love of freedom, since it's clear that they don't want a democratic society; they want a feudalistic one. Where the peasants support the aristocrats.

That's what this flat tax proposal is. The poor and working class paying for the wealthy.

[dellinger63]

Originally Posted by GenuineRisk

I am surprised so many right-wingers spout off about their alleged love of freedom, since it's clear that they don't want a democratic society; they want a feudalistic one. Where the peasants support the aristocrats.

That's what this flat tax proposal is. The poor and working class paying for the wealthy.

The top 10% pays 68% of all individual taxes while the bottom 50% pays 3% of all taxes. (this of course does not include those who file no taxes).

The notion the rich don't pay more than their fair share is complete fantasy.

But then again it only affects 10% so who cares?

It's not like they're being denied pizza at their weddings.