Forum Post: Define fair share
Posted 12 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:
- What percentage of their income should the government allow the 1% to keep?
- What about the 99%? How much can they keep?
Just percentages. No dissertations. No position statements. No hate. Just answer the question. Thanks!
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]
Everyone should take 5% of their income and 1% of their net wealth
and send it to me
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]