09-04-2008, 05:18 PM
What's to explain? Those that make more have their already higher percentages brought closer to a flat tax. Naturally, they will save more because their base is already higher and the % savings is higher.
Income taxes are a stupid system and having a graduated scale reminds me of communism. Why should the top n% have an effective tax rate twice that of someone who makes less?
Income taxes are a stupid system and having a graduated scale reminds me of communism. Why should the top n% have an effective tax rate twice that of someone who makes less?
'76 911S | '14 328xi | '17 GTI | In memoriam: '08 848, '85 944
"Here, at last, is the cure for texting while driving. The millions of deaths which occur every year due to the iPhone’s ability to stream the Kim K/Ray-J video in 4G could all be avoided, every last one of them, if the government issued everyone a Seventies 911 and made sure they always left the house five minutes later than they’d wanted to. It would help if it could be made to rain as well. Full attention on the road. Guaranteed." -Jack Baruth
"Here, at last, is the cure for texting while driving. The millions of deaths which occur every year due to the iPhone’s ability to stream the Kim K/Ray-J video in 4G could all be avoided, every last one of them, if the government issued everyone a Seventies 911 and made sure they always left the house five minutes later than they’d wanted to. It would help if it could be made to rain as well. Full attention on the road. Guaranteed." -Jack Baruth