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Two excellent reasons to OPPOSE gay marriage in the UK
#57
RE: Two excellent reasons to OPPOSE gay marriage in the UK
(May 18, 2013 at 6:22 pm)Ryantology Wrote: I didn't assume you were talking about taxing income, but rather a sales tax sort of idea, what they call the Fair Tax over here in murica.
My apologies, but you did open with this:

Quote:...by requiring them to pay astronomically higher taxes relative to their income when they already bring in just a tiny fraction of what I have?
Bolding mine.

Quote:Yes, the percentages are equal numbers. Is the real-life impact of this equal? I've been poor enough where even a few dollars was the margin between eating and starving. I daresay this is never the case for a millionaire. A thousand dollars does not have equal relative value to me that it does to a millionaire. Ten percent does not have equal relative value to me that it does to a millionaire. It's a great idea in theory. In practice, it places the highest burden on those least able to bear it.
Given that the kind of systems I'm familiar with (UK and to a moderate extend, the US) have both an income tax and a form of sales tax, any real-life impact that currently exists would be much better for everyone if only a sales tax existed, because people would have more money to spend / save.

Quote:That is a great idea.
It's what we currently have in the UK. About the only good thing in the current system.
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Messages In This Thread
RE: Two excellent reasons to OPPOSE gay marriage in the UK - by Tiberius - May 18, 2013 at 6:30 pm

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