Damn, why is this so hard to figure out?
If high-earners percentage of tax burden goes down (which it will), they pay
less.
If low-earners percentage of tax burden goes up (which it will), they pay
more.
Wake up, people. This just isn't that big of a mystery. It really is
simple math!
Being in the financial industry, I tend to think this stuff is just plain
common sense, but, really, this is some pretty simple stuff.
-----Original Message-----
From: Dave Yealy
Sent: Thursday, March 03, 2011 5:49 PM
To: spridgets at autox.team.net
Subject: Re: [Spridgets] Taxes
This has to be the way you figure it out with that new math they are
learning in school. I never did understand it, I still like the old way.
Dave
At 03:24 PM 3/3/2011, you wrote:
>And for all of you flat tax fans, chew on this: if everybody pays the same
>percentage of their income in taxes, that means that the people who make
>the
>most money pay less and the people who make the least pay more. So, unless
>you are a CEO of a large corporation or a hedge fund manager or anybody
>else
>making mega-bucks, your taxes are going up. The more you make and the more
>you can afford to pay, the less you will pay. The less you make and the
>less you can afford to pay more taxes, the more you will have to pay.
>
>Great idea.
>
>Did you really think this through?
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