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Originally Posted by adpimiz
However, our President can't simply spend and spend and spend.
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As Vito pointed out, no, he can't. Congress, not the president, controls spending.
Quote:
Originally Posted by adpimiz
Quote:
Originally Posted by AOII Angel
It wouldn't be much, much less. Probably in the teens which is still too much for many poor people.
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Life isn't fair.
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An interesting approach for arguing that taxes
should be fair.
Anyway, life may indeed not be fair, but there can be consequences to taxing those with lower income to the point that they can't pay for essentials. That increases the chance that those people will need government assistance like food stamps, Medicaid, etc.
I think the tax system needs an overhaul, but I think simple answers are not likely to be effective ones. Everyone paying the same percentage may sound appealing on the surface, but if the effect of a system like that is to increase the burden on the government for social services, then is it really effective? Is it preferable to have structured rates that encourage more self-sufficiency for those with lower incomes?