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Actually, I think you're the one missing the point.
14% from a guy who only has $100 is a far bigger price to pay than the guy who has a million. One guy has to eat less, or walk to work to pay tax, the other will hardly notice.
A progressive tax allows the poor to keep more, which will lessen their burden on the rest of society. It makes up the shortfall by taxing wealthy, who can afford it, more.
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[–] InnocentBystander ago
Actually, I think you're the one missing the point.
14% from a guy who only has $100 is a far bigger price to pay than the guy who has a million. One guy has to eat less, or walk to work to pay tax, the other will hardly notice.
A progressive tax allows the poor to keep more, which will lessen their burden on the rest of society. It makes up the shortfall by taxing wealthy, who can afford it, more.
[–] zambeezy ago
So because you can afford it, yet receive the same product, you should pay more?