Q&A: What if the tax rate was 25% for income over 100,000; and 10% for those under 100,00?
admin | Jan 28, 2011 | Comments 9
Question by Terrible Robot: What if the tariff rate was 25% for income over 100,000; and 10% for those under 100,00?
This is from a month ago but I still like the thought,
Household Republican leaders called a press conference Thursday to unveil their “alternative budget.” Under the Republican plot, the top marginal tariff rate would be slashed from 35 to 25 percent, facilitating a dramatic transfer of wealth up the economic scale. Anyone making more than a $ 100,000 would pay the top rate; those under would pay 10 percent.
Preeminent answer:
Answer by Healthy Background
How about 0% of those under 100k.
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I’m sick and tired of the tariff rate being higher for people who took the time and expense to make educations and then make excellent jobs.
I reckon a FLAT TAX is the way to go. We would still pay more under that tariff but not AS terrible.
I say use the Honest tariff- that way we all pay taxes. The rich would have to pay more that way anyway, the poor wouldn’t spend money they don’t have like they do now.
Why not a flat rate across the board on personal income? 20% is 20% whether you make $ 100,000, 1,000,000 or 10,000.
Honest is honest…a flat tariff is honest.
Honest to ME
I rather flat tariff
Why does healthy reckon that the midpoint-class should pay nothing in income tariff? That’s just mad
wouldn`t work for the Democrats…. They won`t be pleased untill everyone pays 50% of there check so they can spend it all on programs we don`t need
I fail to see how, letting people keep more of thier money
Is transfering wealth.
Just who is the wealth being taken from ?
Just who is recieving that wealth ?
Transfering wealth, means taking it from one group and giving it to another.
And really, if they eliminated all tariff breaks and deductions.
That 25% would be a tariff boost.
And since 40% do not pay any Federal tariff’s now
Does any plot have them finally paying thier honest share ?
I would support it if capital gains, dividends, stock options, inheritances, and corporate perks were all counted as income. The way the system works now, the super rich make all their income through capital gains, which is taxed at 15%, so multi-millionaires who do nothing all day pay a lower income tariff rate than people who work 60 hours a week and really make the country run!
Sounds fine. One more thing. throw out the IRS and the entire tariff code. No more deductions for anything, anywhere. Just a flat tariff like you suggested. It is honest and it is simple to do.
NEW TAX FORM:
How much did you make? Send in your 10% or your 25%.
End of the tariff form.
How simple is that.