What do you think a fair percentage rate would be for a flat income tax in the U

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  1. Wayne Brown profile image85
    Wayne Brownposted 7 years ago

    What do you think a fair percentage rate would be for a flat income tax in the USA and why?

  2. Credence2 profile image81
    Credence2posted 7 years ago

    Gee Wayne, to answer that properly will take a little research. I will have to get back with you

  3. secularist10 profile image81
    secularist10posted 7 years ago

    Since a flat tax is inherently unfair, the only fair percentage would be zero percent.

    A flat tax is a regressive tax, which means it harms the poor more than the rich, proportionally. This is largely because the poor spend a greater portion of their total income than the rich.

    The rich save a greater proportion of their income than the poor. Not just in total dollars, but in proportion, as a percentage of their total income.

    In addition the poor spend a greater percentage of their income on essentials like clothing, food and rent.

  4. lostdogrwd profile image61
    lostdogrwdposted 7 years ago

    8% military and 5% administration tax and a 5% sale tax and that it, no paying for tax return. 2% for grant and all and a flat 15% corporate tax and a 10% self employment tax. the government collect the money and run the government and the people keep the country moving without so much going for taxes.

  5. weholdthesetruths profile image60
    weholdthesetruthsposted 7 years ago

    The income tax is inherently wrong, in that it grants politicians the power to interfere in b usiness, in your life, etc.

    Thus, NO income tax is "fair".   It should be abolished, and replaced by a sales tax.

 
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