Hopped Up on Taxes
Been thinking about taxation. I know a government must have some way to pay for necessary things, so I am not against taxes outright. I do believe that the current heavily graduated (read: progressive) tax system is wrong on so many levels (yeah, I got the pun).
I am in favor of the Fair Tax because it offers a way to hugely (and I mean that in the non-hyperbolic sense of the word) improve the process and profit of collecting needful tax from citizens. Practically speaking, there may be too many people who have a vested interest (there’s another pun) in ensuring that the current system of taxation remains as it is: unfair, complicated, progressive and above all, able to be gamed if you have the enough lawyers.
In support of furthering our education in a greater understanding of taxation, I bring you the beginning of a parable:
Suppose that every day, ten men go out for beer and the bill for all ten comes to $100.
If they paid their bill the way we pay our taxes, it would go something like this…
The first four men (the poorest) would pay nothing.
The fifth would pay $1.
The sixth would pay $3.
The seventh would pay $7.
The eighth would pay $12.
The ninth would pay $18.
The tenth man (the richest) would pay $59.
Go ahead and follow the link for the rest of the story. While you may not be surprised, I think it may just cause you to think about taxes a bit differently than you have previously.