Flat tax unfair
04/21/2014 4:43 PM
04/21/2014 4:44 PM
Michael Sargent complains that the wealthy are unfairly overtaxed since the top 10 percent of earners pay 71 percent while the bottom half of income earners pay only 2 percent of federal income taxes.
His complaint is logical only if the assumption is a flat income tax is fair.
Perhaps the necessities of life should also be flattened fairly such that each person gets roughly only 1/7 billionth of the earth’s resources of food and shelter (or if limited to the US: 1/350 millionth of U.S. resources).
Being more productive of course, the top 10 percent earners will do just fine with their significantly reduced share of life’s necessities.
Perhaps such a plan would also help those of us not in the top 10 percent understand how one person is logically worth, say, 100 (or 400) times as much as another person by virtue only of personal effort or merit and not by any other advantage incurred as a result of birth country or family or any accruements of pre-adult stage advantage not of their own making.
— Bill Lanford, Haltom City
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