Disposable income leaves too much to the imagination. Income is the key. Income period. When you take more % wise from a person it does become unfair. That is a penalty for being successful. Its discrimination. Treating a person of a certain class differently. Every person should be responsible for themselves. If they want more money, they need to earn more money. Not continually try to take money from those that do. All things equal, that is fair. Divisions amongst different groups of people is not.Now, if you want a flat rate I could go for that ... if it was a flat property tax rather than a flat income tax. See, what you miss in your "fairness" analysis is that a middle class person who pays at a 17% rate is actually being taxed at close to 100% of his DISPOSABLE income, whereas a rich person being taxed at a 22% rate is being taxed at 22% of HIS disposable income. Does that seem fair?
Even when you compare their increase in income, you will see that they are being burdened more now than before.
The graph below takes each groups tax liability vs. their share of income by year. It shows that everone but the top 20% are going down. Signalling a increased burden on the top 20%.
tax liability vs. share of income.JPG
"We ain't a sharp species. We kill each other over arguments about what happens when you die, then fail to see the ******* irony in that." - Justin Halpern
"He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
From each according to his ability, to each according to his need (or needs) is a slogan popularised by Karl Marx in his 1875 Critique of the Gotha Program. The phrase summarizes the principles that, in a communist society, every person should contribute to society to the best of his or her ability and consume from society in proportion to his or her needs. In the Marxist view, such an arrangement will be made possible by the abundance of goods and services that a developed communist society will produce; the idea is that there will be enough to satisfy everyone's needs.
And a half dozen of you on the wrong side of history right here in our little utopia agree with him.
I suggest you give this a read. It's pretty revealing: Who Rules America: Wealth, Income, and Power
Some of the highlights:
* The top 5% of income earners control 62% of the country's net wealth;
* The bottom 80% of income earners control only 15% of the country's net wealth;
* The top 5% control 72% of the country's financial wealth;
* The top 10% control virtually all of the financial wealth;
* The top 1% control 43% of the financial wealth;
So, why do the wealthy pay so much in taxes? A: because they have all the money.
And you know what? If you're carrying around a suitcase loaded up with gold bars, don't expect people to feel sorry for you because your suitcase is so heavy.
Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.
Alexis de Tocqueville