10% U.S. Flat Tax Accross the Board!

[wintermuted]

Originally Posted by Independent

In your example, I guess I'm failing to see when both parties pay 10% that it favors the rich?

Can someone else clue me in here?

Let me elaborate, Indy.

When you're barely getting by, every dollar counts for things like housing, food, healthcare, insurance, car, gasoline, etc.

For somebody making $24000 a year, $2400 isn't just a significant chunk of change, it's a difference in their quality of life.

For the person making $240000 a year, the $24000 is an inconvenience. Furthermore, this person could be charged even more without putting too serious a crimp on their lifestyle. Charging them $30000 not only wouldn't really put the hurt on them, but it would pay for lower taxes on several people making $24000 - people for whom paying, say, 7% instead of 10% might make a big difference.