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Reply to ". Tax policies aimed at the rich give 400 billion to the wealthiest Americans."

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Originally posted by MOBY:
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Originally posted by marksw59:
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Originally posted by JuanHunt:
What are/should be the objective criteria for taxation??? Should it be wealth-based instead of income based???


What about doing away with income or possession based taxation altogether? Everybody makes purchases.


Sales taxes are regressive. They burden those who make less unfairly. A person who makes a low income will spend 100% of their income, or close to it, on necessities. I on the other hand, will spend a lower percentage than that including luxury purchases, recreation, and travel. I am free to then hoard the rest tax free AND earn money on it. Therefore, either the poor would be taxed on 100% of their income or the necessities would be excluded, which means people will ***** that they are not paying their fair share.

While a flat tax seems more fair, I would still be paying a bundle for services that I do not use. I do not have children and do not need schools. I only put out my trash once every 2-3 weeks and then the can is still only half full. The only really fair system would be pay for what you use. The rich could then pay for all the additional services their additional possessions and properties require, people who insist on having 9,000 kids can pay for them themselves, and I can pay only for the services I use. Unfortunately, that horse is so far out of the barn, it could never happen.


If you would take the time to read the FairTax book/proposal you would find out the poor do get a exemption for necessities. In fact all tax payers would get the same exemption.

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