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Regressive is a semantic. In this case it conveys the meaning. The final impact is far greater for te lower income vs. the higher income. I do realize that the term can be used in other ways.
Others might just call it "unfair" but I don't subscribe to the fairness doctrine. I'm a member of The Logical Party, not the Fairness Party. Life isn't fair but we humans have some control over this. It's easier for me to empathize with someone trying to make ends meet on $9K and not so much on $900K.
Others might just call it "unfair" but I don't subscribe to the fairness doctrine. I'm a member of The Logical Party, not the Fairness Party. Life isn't fair but we humans have some control over this. It's easier for me to empathize with someone trying to make ends meet on $9K and not so much on $900K.
Flat tax is not regressive by definition. Look it up.