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Article #75

Re: Income tax repealed...maybe...

#75
From: Mborealis
Date: Thu, 20 Jun 1996 00:00
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This system would place disproportionate burdon on lower income citizens.
Not that the current system is a paradigm of fairness...

Figure: Citizen A makes $20k/yr, Citizen B makes 100k/yr. Both spend the
same amounts on necessities of life (food, rent, etc.). Both pay 15% on
those purchases. Let's say both manage to do it for only $16k. Citizen A
clears $4k for the year, and Citizen B clears $84k. 

While Citizen B works hard for his money, It seems unfair that his share
of the cost of government should be 16% of his income, while it is 80%
for Citizen A. 

The current system of taxation is badly in need of reform. I think it
should remain somewhat progressive, and tied to income level, certinly not
in the form of a sales tax.

Greg G.

PS I am a student of economics, and a pragmatist, please do not waste
everyones bandwidth flaming me as a 'communist'.
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From: borealis@cais.cais.com (Mborealis)
Subject: Re: Income tax repealed...maybe...
Date: 1996/06/20
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