(August 18, 2009 at 6:24 pm)Tiberius Wrote: The rich already pay more in actual amounts. If a person earns £5000 a year, a 10% tax rate takes £500 from them. If they earn £50,000 a year, a 10% tax rate takes £5000 (the entire amount of the first person).
If you earn 10 times more, you pay 10 times more. "Progressive" tax rates only punish the rich until the point where nobody is classed as "rich" anymore, and then because of the same progressive tax, the government gets hardly any money at all.
I don't know what you understand by progressive taxation. I understand it as being where the more you get( not earn, note ) the more tax you pay. In that way, the wealthier help the poorer out. Have you a problem with that? That's probably rhetorical.
A man is born to a virgin mother, lives, dies, comes alive again and then disappears into the clouds to become his Dad. How likely is that?
