Rush Limbaugh is...

[Puckstop31]

May I ask your definition of decent?

Let's call it being self sufficient with some room for unforseen things/toys. But I really believe that most/all people, if you put your mind to it and bust your hump, can be wealthy.

We have a right to be secure in our property. It really is a bummer that we try to punish people who succeed. A progressive income tax like we have, is simply that. Punishment for success.

[smokey the elder]

So a regressive tax, which is what a flat tax would be, is any better? The only way a flat tax would work, IMO, would be if there is a high enough cutoff (income) below which one would not pay taxes.

[Puckstop31]

So a regressive tax, which is what a flat tax would be, is any better? The only way a flat tax would work, IMO, would be if there is a high enough cutoff (income) below which one would not pay taxes.

No, a flat tax is NOT regressive. A flat tax is just that... Flat. The rate is the same no matter your income. How is that regressive? A regressive tax would mean the tax rate goes DOWN the more income you have. Remember, we are talking about tax RATE, not the amount of taxes paid.

A flat tax is certainly way more fair. It would remove a barrier to success and I would bet that tax reveunes would SOAR. Also, I would have no problem with designating a level of income where no tax or a much lower rate is paid. But it would have to be a REAL poverty level. Not what we define as poverty here.


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But, I don't think you have to worry. There would have to be revolution on a massive scale for a flat tax to happen. The tax code is the politicians greatest weapon.