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Bobbydadude01 t1_iw0dyka wrote

Reply to comment by Intrepid_Priority154 in Can someone explain question 1 by [deleted]

I was explaining the issue with holding fairness above everything else. Equal payment is the most fair system but it's awful.

Increasing the lower classes financial hardship while our upper class can afford taxes is wrong.

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Intrepid_Priority154 t1_iw0e4m5 wrote

No one has ever made that argument that everyone should make a payment the way you described. Fair share is pick a percent and everyone pays that percent of income. 5% would be the same for everyone.

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Bobbydadude01 t1_iw0e7kg wrote

I was explaining the issue with holding fairness above everything else. Equal payment is the most fair system but it's awful.

Increasing the lower classes financial hardship while our upper class can afford taxes is wrong.

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Bobbydadude01 t1_iwjhg9w wrote

Also I did full math and it was a flat tax on all income (wage, investment, everything) it would need to be 24%. That's before state taxes and such this is just federal. This means that if you make minimum wage and work 40 hours a week 52 weeks a year you would take home a whopping 11,460% a year. That's why below the poverty line. The line that's already incredibly lower then what's required to survive.

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