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[–] 23 points 2 years ago (1 child)

If one earns $10,000 per year, a $2,000 annual tax is 20% of annualized income.

If one earns $100,000 per year, it’s 2%.

The less one earns, taxes are a greater proportion of total income.

Often, flat tax concepts come (or should come with) tax exemptions for actual low-income folks.

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  • [–] -2 points 2 years ago (2 children)

    A flat tax would be a set percentage of total income. It would cause the rich to pay more since they wouldn't have their deductions and loopholes, that's why there's so much bullshit propaganda against it.

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  • [–] 3 points 2 years ago

    Even if it works exactly like that, let's say you are poor and barely make enough to live, you still have to give 20% (as an example) to the government, even if you are fucked after and can't pay rent or buy food. If you make 20% more than you need, you end up with nothing left after. Rich people may end up paying more, sure, but a flat tax still screws over the poor as a rule unless there is some provision that it only starts after X income, and you know that threshold will always be set too low.

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  • [–] 1 point 1 year ago

    The rich also have a hell of a lot more to tax. They SHOULD be paying a higher percentage of their wealth in taxes because they've gotten a much greater benefit out of the services those taxes pay for than a poor person.

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