[raab]

Originally Posted by Badgerbadger

To extend your proposal of progressive tax rates, why not just have 1% rate jumps for every $10K over your proposed base of $40k?

ie. If you make $50K, you pay 1% of the extra $10K, or $100 in income tax. If you make $60K you pay 1% of the first $10K and 2% of the next $10K for a total of $300. If you make $100K, you pay a total of $2100, if you make $150K you pay $6600 and so on up to a max rate of $95% at $1million. Above $1million, you pay $9500 of every $10K you make

General question: Does it bug you that the company you work for pays less income tax than you do? And they can write off stuff prior to taxation that you and I have to pay for after we're taxed.

I dont believe in a progressive tax. After the base amount I think what you earn should be taxed the same no matter the amount. A progressive tax again encourages people not to be productive.

As for companies getting tax writeoffs, no I dont like most of them. The only one I really like is the charitable donations as I feel those help to reduce the need for government resources. I'd like to see companies have a flat tax with the only write off being charitable donations. Same as a personal tax.