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Old 04-08-2007, 07:24 PM   #20
Hyoi
Faithful Companion
 
Join Date: Mar 2007
Posts: 188
Quote:
Originally Posted by glatt View Post
Just for kicks, I pulled out the 1040 we just filed and then figured out what my tax would be with the form you posted above, and my tax would be 2.8028 times what it is now. I'm opposed to it.

If you are curious as to my economic status, our household is below the average for households in this area. I would consider us to be middle class on the national level, but slightly lower than middle class for this metropolitan area. But then we just have one income, so it's to be expected.
Did you not say that you paid little or no taxes? What is 2.8028 x (little or no) ? You've argued strictly for your individual position but you've yet to state a logical argument against the fairness of the overall plan. Once a money making entity, be it family, sole proprietorship, partnership, or corporation, achieves a predetermined level of income/profit, taxes are levied on such at a single percentage rate. ALL income is equally and therefore fairly taxed. You owe me a donut hole.

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