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Reply #108: No it doesnt hit everyone equally [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
Debs Donating Member (723 posts) Send PM | Profile | Ignore Fri Apr-21-06 05:15 AM
Response to Reply #47
108. No it doesnt hit everyone equally
If you live in an area where subsistance living costs you 20,000$ for a family of three and you make 50,000$ (which is HIGHER than the median income in America) say the flat tax is 15% then the 7,500 $ you pay represents about 25% of your disposable income. If your family makes one million dollars a year that 150,000$ represents just over 15% of your disposable income. Ten million even closer to exactly 15% Since when you say HITS you ARE talking disposable income then NO it doesnt hit everyone just as hard
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