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Iconic Symbolic Historic
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Join Date: Jan 2007
Posts: 32,135
Favourites (more):
CBB21: Jess Impiazzi Strictly 2017: Davood Ghadami
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Iconic Symbolic Historic
Join Date: Jan 2007
Posts: 32,135
Favourites (more):
CBB21: Jess Impiazzi Strictly 2017: Davood Ghadami
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A flat tax rate is not workable. It puts too much burden on the lower incomes who are simply unable to pay as much as the higher incomes. A progressive taxation system is much fairer regarding a more equal distribution of wealth.
Its a fascinating subject that cannot easily be summed up in a nice 20 - 30 word post. There are many economic theories that all work but the best system is to pull the best ideas from each theory.
The question is how does a country become a rich country? And I dont believe a flat or regressive tax rate can achieve growth at a sufficient rate.
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If you make people think they're thinking, they'll love you; but if you really make them think, they'll hate you. - Don Marquis
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Last edited by GiRTh; 21-08-2017 at 09:09 PM.
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