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Billy Hicks profile image 84

How much is my "fair share"?


With all of the "Tax the wealthy" rhetoric out there this election cycle, I want an idea of what people think a "fair" tax rate would be for the wealthy. I don't want partisan talking points, or unsubstantiated allegations (from either side). If you start quoting "facts", then site your sources. I'm looking for rational discussion on tax policy (an absurd expectation I know). For the purposes of this discussion, let's set my annual income at $500,000. So tell me: How much should I have to pay in taxes.

 

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jeshon says

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Josak says

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    Josak 5 years ago

    There is a huge problem with this system in how it affects the poor, if you make 10 000 a year and pay say 15% tax that $1500 is very important to getting by and not having it affects your quality of life not so for someone making much more.


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