No. of Recommendations: 0
This is the first time that I have ever seen anyone claim that "a large percentage of people would pay far more taxes than they do now," while the very high income pay less in taxes, is a good thing, but I guess you have your reasons

Yes, I do have my reasons! It's a matter of survival of the American way of life! We are taxing our high achievers to the extent that soon they will no longer be high achievers. Who do you think run the companies, hire the employees, fund the miracle cures, generate the growth, set the standards, etc? The high achievers!

I believe in a flat tax system, where everyone pays an equal percentage of their income to taxes. A National Sales Tax comes as close as possible to that.

Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.