Reply #13: Bingo. [View All]

[GaYellowDawg]

If I make $25,000 a year, and you make $250,000 a year, then if we both pay $5,000 in taxes, it hurts me a hell of a lot more than you. If I pay 10%, and you pay 10%, it still hurts me a hell of a lot more than you. I have $22,500 left to live on. You have $225,000.

Here's where the conservative idiocy starts. They claim that a progressive tax system discourages people from trying to make a better life for themselves. With the previous salaries, if I'm taxed 10% and you're taxed 20%, I have $22,500 and you have $200,000.

Let's make it more lopsided. Let's say that I make $10,000 and I'm not taxed at all, while you make $250,000 and get taxed 50%. I have $10,000 to live on, while you have $125,000. According to the Wall Street Journal, that makes me a "lucky ducky." So I've got to pay for food, housing, and utilities out of $833.33 a month and you've got $10,416.67 to do the same thing. Who's lucky? Are people going to be willing to work for that? Are you kidding?