Quote:
Originally Posted by TheMercenary
It needs to be changed.
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Why?
Has the progressive income tax stifled or adversely impacted economic growth over the last 80+ years? (no evidence to suggest that)
Has it discouraged people from working harder to make more money and move up to a higher tax bracket (no evidence to suggest that either..in fact, the number of millionaires and billionaires continues to grow)
Are the top 1-2% of income earners objecting in great numbers that they pay too much? (not that I have read or heard).
What it really comes down to is the question of if a progressive income tax is inherently unfair?
Thats a matter of opinion on which we obviously disagree, but which every president and Congress (and overwhelming majority of the public) for the last 80+ years are in agreement, with the only differences being the question of rates...how much more should people pay as their income rises.