posted on Jan, 7 2016 @ 06:28 AM
a reply to: interupt42
They honestly wouldn't care, they're paying close to 15% as it is, and most with that type of money are paying an effective rate around 13%. Here's
the issue, 15% can't fund the government it needs to be higher, like 25%. But, these taxes only tax income, when you're paid in stocks that you don't
cash out you're never getting taxed on that income which massively reduces the effective rate.
All flat taxes hit the middle class the hardest. The way it's structured right now is the best way to do things. We could fix 50% of the issues just
by removing the capital gains rate and taxing it the same as any other income. The other 50% is a lot harder to fix, and not something anyone would
edit on 7-1-2016 by Aazadan because: (no reason given)