Thaler Premium Member join:2004-02-02 Los Angeles, CA |
to CXM_Splicer
Re: Worth repeating - corporations don't pay taxes-customers doProblem is, wherever you draw the border between tax & taxless, there would be a huge problem. Using your 1% example, that means if I'm in the top 1.1%, I pay no tax. The moment I cross over to the 1% - boom, huge tax hit.
In that model, your citizens had better either be pretty-rich-but-not-quite-enough, or Monopoly-man-super-rich. If your income puts you between these two camps, prepare for taxes to punish you harder than if you were a 1.1%-er. |
CXM_SplicerLooking at the bigger picture Premium Member join:2011-08-11 NYC |
>Problem is, wherever you draw the border between tax & taxless, there would be a huge problem.
Yes, you are right. The 1% cutoff is not a hard cutoff but a generalization. And more to the thread topic, it is the platry corporation taxes I think should be higher... I am including them in the 1%. |