Wednesday, September 29, 2010

Townhall - Taxing the Rich

Townhall - Taxing the Rich

If tax % are flat, the rich STILL pay more ... 10% of 10K is 1K it is also 10% of 100K. A guy making 100K would pay the the whole income of a guy making 10K in taxes. Better yet, every 10 poorer people are able to contribute as much as one rich person ... which would be a much more prevalent attitude if taxes were a shared cost of a reasonable government rather than a coercive transfer of wealth.

As I've said before, a tax cut is not a handout. It simply means government steals less. What progressives want to do is take money from some -- by force -- and spend it on others. It sounds less noble when plainly stated.

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