Quote:
Originally Posted by oilers_fan
After reading this thread, I think the flat income tax rate definitely needs altering. The rich can afford to pay more taxes, so bring in the progressive tax rate. I would have no problem with that...then again I'm not a 1%er.
I guess my question is if the highest earners paid a few percent more every year, how much more money would yhr government have? How much of a difference would it actually make?
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I don't have a link but I saw an article that suggested making income tax more progressive, within reason, would generate about a quarter of what a sales tax would. Obviously depends on the rates