Quote:
Originally Posted by AGDee
They don't pay because they don't have income! I know when I was a college student, I didn't have to pay any federal income taxes. That article goes on to say that lower income people contribute a larger share of their income to social security and medicare than wealthier people do.
If you're living on the $1300 a month you're getting from Social Security after paying federal income tax your whole life, don't you think you've paid your share already? If you took 20% of that income for a flat tax, as some propose, you're asking them to live on $1040 a month. Add $500/month in prescriptions and medicare premiums and they're making $540/month. (My mom's actual figures before she passed away).
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Where are you getting the idea that low income = no income?
I'm not saying that a flat tax is the answer. But everyone should pay SOMETHING.
If you make $40,000/year, you don't have to pay anything, but if I make over $400,000, I have to pay for you and your entire family?
Uh, no thanks. Everyone should contribute. Otherwise, the whole system falls apart. Because if I was a business owner, and I was taxed at an extremely high percentage, I wouldn't hire additional workers at $40,000... and then you're making nothing.
ETA: Cut the flipping spending!!!