A fair tax rate

[Spongebob]

I'm open to changing my mind on it. I agree that a 15% on 30k/year is more impactful than 15% on 30k/week. However if we actually enforced a system holistically it could be easily reduced to 5%. If, instead of income + withholdings, inheritance, wealth, property, etc. taxes.... what if it was just everyone needs to pay their part, which is 5%, of what they have available for spending, no shelters or loopholes. That's the type of flat tax I would support. What if, all of your bank accounts (offshore or not), income sources, pay, dividends, etc. were factored in. All of your available spending monies, minus credit, were the factor of your 5%. Then the 5% of the billionaire and 5% of the coal miner was equivalently contributing, IMO. I don't think the laws could get there, I don't think the high end of the parejto distrib. would allow it either. Conceptually though I'd prefer equanimity of opportunity to contribute, rather than equanimity of outcome for the variable taxes based on brackets.

Everything you're saying is theoretically and philosophically well and good, but reality is the wealthy & corporations dedicate massive effort to avoiding taxes.  This has been the case for decades with no change.  If people paid a fair share, there would be plenty, but everything hinges on the "IF".  The other side of it is if we could get the government to stop wasting money in a thousand ways.  Way #1, stop spending on military like we're at war with the rest of the world.  $700 BILLION per year!!!