pooftis wrote:
I'm a democrat, I got very interested in politics as a kid and even though I have moved onto to new things, it still interests me. I lean more toward a socialist/structured idealism though. I don't like things that don't balance out in my mind. For instance I think we should all pay the same % of our income to taxes, I don't understand why they would have some people pay a higher % than others. I do think we should have healthcare for everyone like Canada.
I agree about a socialist structure. Though, in order to achieve this you have to tax the rich more than the poor. Say, a poor person earns $20,000 per year, and pays 20% in tax, he will have $16,000 left after tax.
Ok, then you have a rich person earning $1,000,000 per year. If you tax him 40%, he is still left with a staggering $600,000 to play with.
The rich guy still ends up with more wealth even though he pays more tax, so it is fair to tax rich people a lot more.