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originally posted by: projectvxn
I'm lower-middle class. That makes me the .01 percent of the world.
Tax me at a progressive tax rate at a global level and I will be as destitute as anyone else, working only for the tax revenue I generate.
originally posted by: infolurker
This is an interesting topic for those who believe in a "fair progressive" tax system. Your opinions please, if we were to scrap national taxation and have a world tax, what should the tax bracket for the top 1% of wage earners be?
I would love to see the answers for this one. No more local, state, or national tax...... just a universal across the board income tax for all nations.
Brackets:
Lowest 25% = ?% tax
26%-50% = ?% tax
51%-75% = ?% tax
76%-99% = ?% tax
Top 1% = ?% tax
originally posted by: infolurker
a reply to: Edumakated
Exactly.... and that is why it makes all the difference... suddenly they are not so anxious to pay for everyone else. $32,400 a year will allow you to make the cut.
originally posted by: ketsuko
a reply to: Edumakated
You do see kids with distended bellies in the US ... because they're fat.
originally posted by: ketsuko
a reply to: Edumakated
You do see kids with distended bellies in the US ... because they're fat.
originally posted by: dfnj2015
a reply to: rickymouse
Yeah, it's funny how the food makes every one sick and no one feels satisfied by it.