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Forum Post: Define fair share

Posted 13 years ago on Nov. 4, 2011, 3:18 p.m. EST by glooskap (64)
This content is user submitted and not an official statement

We owe an answer to this: what is fair? Get specific and answer these two questions:

  1. What percentage of their income should the government allow the 1% to keep?
  2. What about the 99%? How much can they keep?

Just percentages. No dissertations. No position statements. No hate. Just answer the question. Thanks!

4 Comments

4 Comments


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[-] 0 points by jayp74 (195) 13 years ago

17% - on all income from all sources: wages, capital gains. No writeoffs, loopholes or progressivity. A consumption tax is not a bad idea, but only if the income tax is lowered.

[Removed]

[-] 0 points by Joeschmoe1000 (270) 13 years ago

Everyone should take 5% of their income and 1% of their net wealth

and send it to me

[-] 0 points by NachoCheese (268) 13 years ago

Simple answer to both questions.

Stop taxing income and tax consumption*.

Then everyone will pay "their fair share", as the amount of tax you pay will be proportional to the amount you consume.

[*with exclusions for certain staples of life]