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Topic	My very liberal friend posted this on Facebook. Give me a good response.
wolfy42 12/07/19 12:19:00 PM #16:	streamofthesky posted... No, that's stupid. Graduated tax rates exist for good reason. It works fine in many european countries, you just start taxing after a minimum base amount (usually 30k) so everyone can live comfortably, then tax everyone the same. Way better then here, where not only do you actually get taxed after 12k from your income, but everyone pays sales tax etc....so even if you are retired and living on $1000 a month (Barely getting by), you still end up paying a good 10% in taxes. Of course the biggest difference is the wealthy and rich actually still pay the full amount of taxes there, while here, some get away with paying no taxes or something like 2%. --- Zangulus "I try to avoid having any knowledge at all of his dick." Glowing Elephant "Stonehedge was a sex thing." <cite>wolfy42 posted [p:931232420] in My very li... [t:78231301]...</cite> <quote>streamofthesky posted... </cite> <quote>No, that's stupid. Graduated tax rates exist for good reason.</quote> It works fine in many european countries, you just start taxing after a minimum base amount (usually 30k) so everyone can live comfortably, then tax everyone the same. Way better then here, where not only do you actually get taxed after 12k from your income, but everyone pays sales tax etc....so even if you are retired and living on $1000 a month (Barely getting by), you still end up paying a good 10% in taxes. Of course the biggest difference is the wealthy and rich actually still pay the full amount of taxes there, while here, some get away with paying no taxes or something like 2%. --- Zangulus "I try to avoid having any knowledge at all of his dick." Glowing Elephant "Stonehedge was a sex thing."</quote> ... Copied to Clipboard!
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