GOOGLE RON PAUL

I don't understand why the progressive tax system is such a problem for some people. A person who makes $250,000 annually and is taxed 33% ($82,500) is not going to lose so much overall than a person who makes $35,000 annually and taxed 25% ($8,750). Sure, that $82,500 is a shit-ton of money, but for that particular wealth bracket, it isn't much of a pain to give up than the $8,750 for the lower income earner.

One might say that the extra money kept were it not for income taxes would encourage the wealthier to spend more. But that's not necessarily true. A smart person of that bracket would prefer to invest their money rather than spend it. Sure, the rich do spend a lot, but those of the middle and lower class have the greater likelihood overall of spending that extra money, so I see the Fair Tax concept as an additional burden for lower and middle class people.

Then again, I'm not a person who likes spending money on things all the time, so I may be an isolated case. (Way to be patriotic Republican, Dull . . .)

Jam it back in, in the dark.

Quote:

Because it effectively punishes you for making more money than someone else

You're not quite framing it in the correct manner. See it like this way, taxation is an investment (albeit a mandatory one) in the government. The wealthier who are taxed more, and therefore ending up contributing a far larger portion of the total investments than those less wealthy, are the majority shareholders. Therefore, governmental control should go towards those who have a larger stake in it: the wealthy.

There's nowhere I can't reach.