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?

Employer Tax Deduction

 How do you feel about what is a fair tax rate?  Biblical standards say 10% of income is fair.  Are you convinced that people that study and work hard to make more money should pay a higher tax rate?  Should someone who is more talented or productive pay a higher tax rate?

The bigger issue is should people or companies that provide employment pay higher taxes?  Is it the responsibility of wealthy people to provide jobs?

I propose an employer tax deduction.  I would suggest a tax deduction of three times what is payed as Employer Social Security Taxes.  Why three times?

Typical businesses have expenses equally distributed among wages, supplies and facilities.  A fair profit is recognized as 7% of receipts and Social Security Tax rate is at 6.2%.  This makes Employer Social Security taxes roughly 2.1% of receipts.  To make the fair profit of 7% tax reduced, would require a tax deduction of 3.3 times Social Security Taxes.

Why Social Security Taxes as an employment indicator.  These taxes are proportional to wages but also are capped so paying excessively high wages would not provide extra benefit. 

Also, the amount of employer Social Security Taxes payed is already available without additional record keeping.