Quote:
Originally Posted by HockeyIlliterate
Ridiculous.
1) Taxes should not be based on what someone can afford to "lose."
2) In your example, why do you believe that the $200K earner can "handle losing" any money at all? Perhaps the $200K earner earns their income by virtue of many years of education, paid for (temporarily) by debt, which now must be serviced.
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I'm not wasting time arguing about the benefits of progressive taxation. I've done it to death on here.
Read it here:
https://en.wikipedia.org/wiki/Progressive_tax
take a look at this comic too. might give you some perspective:
Large:
http://digitalsynopsis.com/inspirati...d-toby-morris/