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Reply #5: It strikes me that there should be a nearly infinite number of brackets, not fewer. [View All]

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Trillo Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-24-11 12:30 PM
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5. It strikes me that there should be a nearly infinite number of brackets, not fewer.
Progressive taxation could follow an exponential curve, with every taxpayer of different incomes paying a different rate: as income increases, taxation rate increases. The actual number of "brackets" would not be infinite, but probably limited to a number as large as the number of filers.

This seems to be the only way to balance the fact that poor people are disproportionately affected by State sales taxes and fees, and county and city fees, which are all various shades of regressive taxation. It seems to be in vogue for the right to claim that poor people pay no taxes, when those poor people do pay sales taxes and various fixed fees.
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