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The Born Loser by Art and Chip Sansom for April 15, 2015
Transcript:
Mr. Veeblefester: The biggest issue I have with the current income tax system is the graduated tax... Mr. Veeblefester: The more money I earn, the higher the tax rate I have to pay! Mr. Veeblefester: If I'm not careful, I could make more money than I can afford!
Boots at the Boar Premium Member almost 10 years ago
38% tax? I would love to be able to have to pay that.
Sportymonk almost 10 years ago
How about the flat tax? Everybody pays 8% sales tax on what you spend. Buy a Cadillac you pay a lot, buy a use Pinto, you pay a little. Exempt food, clothing up to $100 per item and medicine. No tax on savings. Works great.
loner34 almost 10 years ago
You only pay the higher RATE on the higher amounts.
Roger Merritt almost 10 years ago
I hate these false assertions about the graduated tax. When you move into a higher bracket that rate doesn’t to ALL your income.
K M almost 10 years ago
That would be great if it reduced state obligations as well as fed; but until then, it’s at best a partial solution.
Dry and Dusty Premium Member almost 10 years ago
Cry me a river, Veeblebester!