Quote from bigarrow:
Here in Texas we all pay the same sales tax.
I understand what you saying I just disagree. I see nothing wrong with those making more paying more.
What you are suggesting is a regressive tax which is unfair. Again my opinion.
It all doesn't matter anyway, as long as spending is like it is.
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Nope....
Know where you are coming from....
This time ...it is different....
As mentioned above.....
When a 10/5 Ctax is implemented vs the current and upcoming takes....
It simply means that the US will be able to be far more competitive in overall pricing....
Taxes are just another cost of production....the bigger the take....the more expensive the price....the less competitive the seller.....
Another point of clarification are valuations.....when the take grows from a decreasing revenue....valuations falter....and vice versa....
It does not matter what you or I think is fair.....
It does play a grand role in both prices , and the ability to compete.....
The US has made a lot of legal promises that it cannot keep....
Thus one cannot lose what one does not have....
Best to press the reset button .....and rebuild....
And build it better this time around....
That's it....
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By the way 47% and growing do not pay any income tax.....
What is to going stop it from being 87% ?