[Spridgets] Taxes

[Larry Daniels]

That's exactly right, BJ.

Can I assume that is your initials, at least?



-----Original Message----- 
From: bjshov8 at tx.rr.com
Sent: Thursday, March 03, 2011 5:42 PM
Cc: spridgets_autox.team.net
Subject: Re: [Spridgets] Taxes

He's saying that under a flat tax, someone with low income would pay more 
dollars than they pay with the current tax system, and someone with high 
income would pay less dollars than they pay with the current tax system. 
You'll never get to a point where a person with high income pays less 
dollars than a person with low income pays, even talking in terms of 
percentages the high income person pays a higher percentage than the lower 
income person.


> If I make $100,000 annually and you make $1,000,000 annually and we
> both pay 10% of our income in taxes, how are you paying less than me?
> I pay $10,000, you pay $100,000.  $10,000 < $100,000.
>
> Please splain that to me.
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