Knowledge Is Power: How can one favor progressive taxation but be against classes?
Progressive taxation creates classes. Flat tax or Fair tax does not.
Answers and Views:
Answer by Scooter
Oh for God’s sake, you can’t.
HIE -the hence to a history lesson…progressive taxes at their highest in years of country’s greatest prosperityAnswer by UCLA Bruins Student
The left creates dissatisfaction to further their agenda. Besides being very shady its quite in geniusAnswer by Smells like New Screen Names
No it doesn’t.
“Creates classes” implies that there is no social mobility and that somehow economics is the only issue involved in forming any sort of grouping. To put it another way, just another granfalloon.
You’re just using the word class in order to red bait. An attempt to subtly accuse those who disagree with you of being Socialists or Commies.
Cheap scare-word propaganda, akin to using the word “fair tax.” An attempt to pretend that everyone must pay the same percentage of income (rather than say wealth or a half dozen other ways), in order for a tax to be fair. If anything your system makes “classes” more likely, as it has been proven to have the net result of the rich getting richer and the poor getting poorer. Stratification of the classes, by making long term saving and advancement easier for those with assets. What next, you’ll claim that the estate tax, by taxing hereditary wealth, also “creates class?”
There is no such thing as fair in taxation. Taxes always fall unequally, to claim otherwise is ignorance, fraud, or stubbornness. You might as well speak of a fair draft or fair pork.
Answer by RMethinks you have that backasswards. Progressive taxation was created as a RESULT of incredibly lopsided society when it comes to wealth and income distribution (class), not the other way around.
Think about it: which concept was around first?
It matters little: progressive or not, in our system, working folks to pay @ 40 cents of every dollar they earn in effective taxation (all taxes and fees as a percentage of income), while the rich enjoy an effective tax rate almost identical to that of the poor @ 16.5 cents per dollar of income (the poor pay @ 16.3 cents per dollar in effective taxation).Answer by Label me Liberal
I might be for a flat tax, where everyone pays a percentage of income. But there couldn’t be any deductions for anything. The same for businesses too, they would pay a percentage of gross profits with no deductions.
Although corporations cry about taxes offer them a flat 3% tax on the gross and watch them start stuttering.
Answer by Lag IndicatorIt’s weird how society developed. Money was a marvelous invention to facilitate the exchange of goods and services. Then some people discovered that if you have enough money you had real power over people. Now here we are wondering how the government should tax the wealthy.
Me, I’ve worked hard for decades just to get by. I didn’t inherit a whole lot of money, I don’t have important connections, and all I could afford for further formal education was Gibbs (I graduated with honors and great grades, but no good job).
So I kind of lean toward progressive taxation. But don’t fear for the upper class. No one is better at dodging taxes!
On the other side of the problem is big government spending. You’d think a national debt that’s closing in on $ 14 trillion would be enough incentive for the government to spend a lot less, especially during a recession.Answer by ash
For pete’s sake, what does class have to do with it? I know poor people with more class in their little pinkies than some rich people have in their entire mansions.
People create “classes”, not money.
Plus, of course, with a flat tax, the poor are paying out of their survival income while the wealthy are paying out of their disposable income; it may be a flat tax but it is certainly not fair.
Finally, those at the top can hire tax accountants and lawyers to set them up so they pay little or no taxes anyway but at least the tax dodges they employ involve investment, job creation, or charitable giving which helps us out as a whole.
Answer by iris054Progressive taxation does *not* create classes. It has the opposite effect, that of leveling the playing field a small amount. Tax laws have been set to favor the wealthy for so long that among developed countries, the United States currently accepts the highest level of income inequality.
Why the rich should pay more taxes
Tax Rate for Wealthiest Americans
https://the-wawg-blog.org/wp-content/uploads/2009/10/tax_rate-chart2.gif
Income Inequality in the United States
https://en.wikipedia.org/wiki/Income_inequality_in_the_United_States
Share of Total Income Going to Top 1%, 1913-2007
https://images.huffingtonpost.com/2009-08-11-Saez_Inequality_Chart_2.jpg
Source: Piketty and Saez
15 Mind-Blowing Facts About Wealth And Inequality In America
https://www.businessinsider.com/15-charts-about-wealth-and-inequality-in-america-2010-4#the-gap-between-the-top-1-and-everyone-else-hasnt-been-this-bad-since-the-roaring-twenties-1#ixzz0mkrEEEaE
Who Rules America? Wealth, Income, and Power
https://www2.ucsc.edu/whorulesamerica/power/wealth.html
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