@QasimRashid that is actually not true. Perhaps the posted rate were that high but they all played the same games they do no. Virtually none of them paid that much. To fix this we need flat taxes with no deductions. If you have to have your commie “progressive tax” you could set like 4 or 5 tiers of flat rates and we can all just file our taxes on a post card like most of the free world.

@comeandtakeit @QasimRashid Flat taxes are inherently a burden on the poor. Marginal rates are meant to be levied not on total income (gross or net) but on *disposable* income. And since the wealthy have a considerably higher percentage of that, then they should be taxed more.

@textualdeviance @QasimRashid They inherently pay more in that 20% of $50MM is much more than 20% of $50,000. In my comment I am yielding to the current desire to have a “progressive tax.” I am just saying do away with the silly deductions and have four fixed rates that change as your income increases. So HHI < $50K is no tax, HHI 50k to 200k is 20%, 200k-500k is 25% and over $500K is 27%. No games. No loopholes. You just pay your percentage based on your HHI an move on. Easy peasy

@textualdeviance I feel like you’re arguing just to argue. I ceded to point and and going along with a “progressive tax” even though I don’t like it. I’m just saying have like 4 or five rates and do away with deductions otherwise you can raise the top rate to 90% and you still ain’t getting it because the loopholes are still there.