Quote:
Originally Posted by One Red Seat
It's mathematically proportional, but not morally proportional, not for someone who thinks proportional income means more to those with less, which is what you are saying you feel about the current tax structure.
I agree with you. 10% of gross income to the working stiffs mean a heckuva lot more than 10% to someone making millions, and it's because of what you end up with. The $50K example guy ends up with $45K. The $30M guy ends up with $27M. You have to budget everything, where you live, what you eat, what you drive, what you wear, around an extra $5K at that income level. At $27M? You don't have to budget anything, you can still live wherever you want, drive whatever you want, eat wherever you want, etc., etc.
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Agreed. The "working stiff" however, is the moral authority in our example which in itself isn't really fair. To play devil's advocate, what gives us the right to keep a greater percentage of our income than someone who makes more money than us, even if it is a great amount more? I'm not saying that I don't agree with a reformed tax system completely, I'm just saying that there is another side to the coin.