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Old 01-02-2013, 10:16 PM
AOII Angel AOII Angel is offline
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Join Date: Apr 2007
Location: Santa Monica/Beverly Hills
Posts: 8,634
Everyone paying the same percentage is regressive. That means that the poor are hit the hardest because they have no money left over after paying for essentials. The percentage of their budget is more onerous. In my budget, taking an additional percentage over the amount most people make is a way to raise funds without taking food from my table. I have excess. The poor do not. I can still work hard and make more money and profit. The extra taxes do NOT take away that incentive since I am only taxed on my income ABOVE a set level.
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