The rest of us pay the whole bill...Roads, military, education, government programs, all the departments of whatever...
47% of the households in this country pay ZERO taxes. Zero. Nada, NONE.
Many of those get "entitlements".
Meaning that they are net consumers, not producers.
We have a system in which "the top 10 percent of earners -- households making an average of $366,400 in 2006 -- paid about 73 percent of the income taxes collected by the federal government."
The other 43% of us pay the other 27% of the bill for the country.
We need a system wherein every person is charged a minimum dollar amount to pay for things, then perhaps a tax based on wages.
This sort of inequality is unacceptable.
Let us talk about "fair share".
And not in the way that the liberals refer to it.
YMMV
I think a better solution is to scrap the income tax, and go to a consumption tax of some sort. This would mean that off the books income would still be taxed, far less reporting, purchase of imported goods would support our infrastructure almost as much as buying domestic, exports would be cheaper and therefore more competitive, investment would be pre-tax, second incomes wouldn't be at an extreme marginal tax rate.
ReplyDeleteI'd be willing to accept a flat rebate to everyone, based on the tax paid on a poverty-level cost of living. That would mean the truly poor would still pay hardly any taxes. No means testing of the rebate.
Note that I'm talking INSTEAD of income tax, not in addition.