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by Cshelton
3354 days ago
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Thanks for the explanation of what he meant. I was thinking more macro, but by regressive, people seem to mean the micro aspect of it. I don't believe it would take a very complicated tax code, if we started over, to make sure the lower brackets are not regressive. Even just using standard deductions, child tax credits (cost of living higher), etc. A single "family" of one making 50k though should most likely be paying their portion of tax, whatever the tax rate is. At some point an individual has to be accountable and live within their means. So in the end, the tax rate would be flat, but effective tax rate would not. |
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Also, a single "family" of one, pays more in taxes today then say a family of four with 2 kids earning the same household income. Apologies ahead of time if I misconstrued your argument.