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4 Comments

  1. Bill Tyson
    March 25, 2020 @ 11:19 am

    I believe that inciting jealousy is a terrible way to lead any real change. Jealousy creates division, division creates polar positions, and polar positions enables new inequities.

    A tax system that allows people to not pay their fair share is stealing. However, a tax system that steals from the rich and gives to the poor is still stealing also.

    I’m not jealous of wealthy people. I would like Amazon to pay taxes though. A flat tax with no exemptions and no deductions isn’t going to solve all the problems in the world, but it’s a good start.

  2. Cpt. Frank J Lapidus
    March 25, 2020 @ 12:03 pm

    The “ideal” distribution just demonstrates that people don’t innately understand math very well. To get that distribution, if the bottom made 20K a year, then the top 20% would probably only be making an average of 60K a year. If people understood that, they probably wouldn’t think that people would want to be limited to making, at most, 60K a year. Add to that, if everyone is making so little, then there won’t be enough taxable incomes (neither from people nor businesses) to fund any government programs, nor a defensive military, nor research, nor environment. There’s just not enough money at that point for anything except the most basic trade for survival items such as food and clothing.

    • Fred Lapides
      March 25, 2020 @ 12:13 pm

      wow! Lapidus is ala Lapides (my name)…and yes, i too had served in our military, two times but a long long time ago (1947; 1950)

    • Bill Tyson
      March 25, 2020 @ 12:33 pm

      I’m not sure it’s healthy to associate distribution with income. It, by it very definition, infers a system of outcome equalities. But, your point about math is spot on.
      Warren Buffett said that his income tax rate was lower than his secretaries. There’s the injustice.
      I think that there should be two tax rates. There are people who don’t make enough money. People who fall below a defined poverty rate should pay one rate. Let’s pretend it’s 10%.
      Everybody else pays 20%.
      Married? 20%
      Single? 20%
      A single child? 20%
      10 children? 20%
      Get it? No deductions No exemptions

      The big thing is corporate taxes. It’s income after deductions. Now there is the devil! Corporations should pay tax on income. Let’s say 10%
      Get it? No deductions No exemptions