Quote:
Originally Posted by corporatejay
Well everyone paying the same dollar amount would be there "fair share" but obviously that's not going to make sense either.
Also, people claiming that it's ridiculous that the person making 200k is paying the same amount as the person making 40k is not accurate either. The person making 200k is paying 20k and the person making 40k is paying 4k.
All that being said, I support a 10% HST (easy to implement, no cost to albertans). Not sure how I feel about income tax increases.
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This is pretty inaccurate. You can't have a conversation about the flat tax without including the personal exemption of $18 214 for 2015.
The guy making 40K is paying $2179 tax or 5.5%.
The guy making 200K is paying $18179 tax or 9.1 %.