View Poll Results: Thoughts on such a tax setup

Voters
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  • In general, yes I'd prefer this style

    2 50.00%
  • In general, no I'd not prefer this style

    1 25.00%
  • If a compromise was required, I could accept this style

    1 25.00%
  • If a compromise was required, I could still not accept this style

    1 25.00%
  • I think we should do this style but not raise the top tax rate

    0 0%
  • I think we should do this style but raise all/mot of the other tax rates also

    0 0%
  • Shut up you fake conservative

    1 25.00%
  • I can't stand an income tax and refuse to vote

    1 25.00%
  • Other (explain)

    1 25.00%
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Thread: A different kind of high end tax

  1. #11
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    Re: A different kind of high end tax

    I think the top tax bracket should be higher, but that should be as a result of creating more top-end tax brackets rather than raising the rates on the existing brackets.

    My main objection to tax law is that capital gains should be taxed at the same rate as earned income.

  2. #12
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    Re: A different kind of high end tax

    Quote Originally Posted by What if...? View Post
    Didn't your math prevent the "making more, taking home less" issue?

    How does the current method cause this phenomenon and your idea not do so?
    His proposal is the current method; he just didn't know that when he posted the thread.

  3. #13
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    Re: A different kind of high end tax

    Quote Originally Posted by Zyphlin View Post
    See, learn something new every day. I didn't realize our current system works that way. Guess this threads useless then, heh
    That's why they are called MARGINAL tax rates, which refer to rate of taxation on the LAST however many dollars you're referring to.
    Nobody who wins a war indulges in a bifurcated definition of victory. War is a political act; victory and defeat have meaning only in political terms. A country incapable of achieving its political objectives at an acceptable cost is losing the war, regardless of battlefield events.

    Bifurcating victory (e.g. winning militarily, losing politically) is a useful salve for defeated armies. The "stab in the back" narrative helped take the sting out of failure for German generals after WWI and their American counterparts after Vietnam.

    All the same, it's nonsense. To paraphrase Vince Lombardi, show me a political loser, and I'll show you a loser.
    - Colonel Paul Yingling

  4. #14
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    Re: A different kind of high end tax

    Quote Originally Posted by Viktyr Korimir View Post
    His proposal is the current method; he just didn't know that when he posted the thread.
    I get that, I was wondering why his math doesn't cause the earning more, taking home less thing that is used as one of the reasons to go to some kind of flat tax.

    Where does Z's idea depart from the current method? Is it just the rates or what?
    Anyone wondering what I'm talking about start here:
    The Psychology of Persuasion

  5. #15
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    Re: A different kind of high end tax

    Quote Originally Posted by What if...? View Post
    I get that, I was wondering why his math doesn't cause the earning more, taking home less thing that is used as one of the reasons to go to some kind of flat tax.
    It doesn't. What often does, is various types of credits and deductions which are a symptom of legislators trying to micromanage (and thus distort) the tax code.

    Where does Z's idea depart from the current method? Is it just the rates or what?
    It doesn't, really (I think).
    Last edited by StillBallin75; 06-17-11 at 02:23 PM.
    Nobody who wins a war indulges in a bifurcated definition of victory. War is a political act; victory and defeat have meaning only in political terms. A country incapable of achieving its political objectives at an acceptable cost is losing the war, regardless of battlefield events.

    Bifurcating victory (e.g. winning militarily, losing politically) is a useful salve for defeated armies. The "stab in the back" narrative helped take the sting out of failure for German generals after WWI and their American counterparts after Vietnam.

    All the same, it's nonsense. To paraphrase Vince Lombardi, show me a political loser, and I'll show you a loser.
    - Colonel Paul Yingling

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