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To: pnh102

If too many people pay nothing, how is it that the small segment that is wealthy still pays over 50% of the taxes?


20 posted on 03/17/2011 5:57:57 AM PDT by DoughtyOne (The only thing higher than Obama's chin, is his ass facing West five times a day.)
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To: DoughtyOne
If too many people pay nothing, how is it that the small segment that is wealthy still pays over 50% of the taxes?

Because the present tax code "rewards" high income earners with far higher tax rates on the amount of income that pushes them into the higher tax brackets.

I think the only way to resolve this is by way of a national retail sales tax. I like the FairTax in theory, but I think in practice it might not be the most practical of solutions. But given a choice between the FairTax and the current tax code, I'll go with the FairTax.

22 posted on 03/17/2011 6:05:54 AM PDT by pnh102 (Regarding liberalism, always attribute to malice what you think can be explained by stupidity. - Me)
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