I agree that the gov could trim the budget a bit, so lets just imagine a pie…… then make it a bit smaller. That is what we spend and it is good. Educate the kid of the loser parents so he doesn’t have to punk off rich folks to get by, instead if s/he shows promise the path is there to become a giant in some field.
Yanny, if you are in the 50% bracket you must be earning >$100,000, if your neighbour is in that bracket he is making like 25,000. You want him to pay more so you can pay less? And 50%? You should move to Ontario, Canada… Way lower… :-)
A flat tax again bites into marginal utility. 20% of a $30,000/year pay affects the quality of life way more than 20% of a $3,000,000/year pay. The guy making 30 mill a year should be happy to pay 9 mill to net 21 mill for the chance to milk a willing workforce of millions of content peasants.
If you want the rich to pay less by any tax system you can possibly imagine, the ugly reality is the poor pay more. If you think that having an even wider gap between the bill gates and the joe dirts of the world is better then examine the history of the empires that had a class of baron robbers who rapped the masses… Check your history books because they ALL failed. Sophistry is fine but blunt logic is better. The rich pay less then the poor pay more… Finee.
Now, is the tax system wacky? Yabetcha… Is having a society where a class of people (tax lawyers etc.) do nothing but shuffle papwers good? Nope. Cut the loopholes.