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Saturday, November 6, 2021

Fair Share

 We here to much "They should pay their fair share" concerning taxes.  Two big questions remain,  who are "they" and what is "fair".  

In the USA it is common for people with higher incomes to pay significantly more tax.  

Do people with higher incomes get more return from the government?  

Would it be fair for people with a low income to pay less for their Ferrari?

Would it be right to charge more for a small can of soup than a giant can of soup?

Why should hard workers pay a higher tax rate?

Is it true that the only way to get high income is to oppress others?

Should everyone pay some tax?

If a wealthy person buys an extravagant boat or house, does this give income to others?

Can a government create wealth?

Can a government redistribute wealth?

Would encouraging wealthy people to leave the country, taking their money with them, improve the standard of living for all?

Do wealthy people provide more jobs than others?

Should corporations be taxed?

Should there be a tax deduction for wages paid?

Should people who save more money by spending less than they earn, pay more taxes?

Should the only wealthy people be politicians?

Should the government be the primary source of charity?

Is it assumed that 'They' are wealthy people or people with high incomes?

Do low income people in the USA have a higher standard of living than the rest of the world?

Do people who delay income by working to get an education and develop skills deserve higher annual incomes?

The original US constitution had a flat tax per citizen.  Is this a fair tax?