The Aeration Zone: A liberal breath of fresh air
Contributors (otherwise known as "The Aerheads"):
Walldon in New Jersey ----
Marketingace in Pennsylvania ---- Simoneyezd in Ontario
ChiTom in Illinois -- KISSweb in Illinois -- HoundDog in Kansas City -- The Binger in Ohio
Friday, March 18, 2011
I have a tax reform proposal that will, I'm sure, warm the hearts of all Republicans. The proposed "income tax" is as follows: the annual tax will be $100,000 less 50% of your taxable income. Hence, a person making $10,000 a year would be taxed $94,000. A person making $50,000 a year would be taxed $75,000. A person making $100,000 would be taxed $50,000. A person making a million would get a government subsidy of $400,000. And so on... After all, it's the little people who create all the expense for the government. They should pay for the services they receive. It's the BIG people who create the wealth. They should be encouraged through subsidies to do more wealth creation (for themselves, of course).
On second thought, I'm not sure this tax system is much different from the one we already have.