- Joined
- Jan 7, 2010
- Messages
- 1,251
- Reaction score
- 287
- Gender
- Male
- Political Leaning
- Undisclosed
Having more wealth does not mean you incur a greater debt to government.
Yes it absolutely does. Even after a progressive tax you still hold disproportionate wealth to your tax bracket if you are an upper class individual. If everyone paid a flat tax, most of the wealth held by society would be in the pocketbook of the elite and not the general public. Even after a 20% tax on a 200,000 income you still have more than enough wealth to live a very comfortable lifestyle. After say, that same 20% tax on a poor person, he or she might not have the means to live a healthy life or continue paying for her house.