Should everyone pay the same taxes?

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  • RICK
    Lv 7
    3 weeks ago
    Favourite answer

     Many people say everyone  should pay the same percentage,  problem with that it would have to be at least 20% to fund the govt. Which means it would harm low income people. A better solution would be an elimination of ALL deductions, credits and exemptions except for the standard deduction. Then lower each rate

    On the corporate side eliminate all deductions  and write offs and tax 2% of total revenueCapital gains, eliminate the ability to deduct loses and cut the rate to 20%

  • L
    Lv 5
    2 weeks ago

    Every employed American already does.  Federal Withholding taxes go by a percentage for EVERYONE, along with Medicare and Social Security.  If there are States taxes to be deducted - they also go by a percentage.  All of these percentages are FIXED.

  • 3 weeks ago

    The same rate, yes.  That rate shouldn't be more than 10-12%, either.  If that isn't sufficient to fund all of the pandering of professional politicians, then eliminate the unconstitutional pandering like interference in housing, healthcare, education, foreign aid absent a treaty, assistance for criminal migrants, bailing out failing businesses and shrimp on treadmills.  Since we all have the same rights in this country, we all have the same obligation to pay the costs of maintaining those rights.

  • Snezzy
    Lv 7
    3 weeks ago

    Immediately we have a big problem. If you mean a percentage of wages, then what about someone whose income results entirely from buying stuff and selling it on eBay? Do we tax him on his gross sales, or only on his profit? How do we figure his profit? Does he get to deduct the cost of shipping, the cost of extra advertising, the cost of the storage building where he keeps all the stuff? If he loses money this year can he roll that loss into next year's calculations?

    See how hard it is! Maybe just tax wages and forget about taxing anybody's eBay business. Is that fair?

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  • JOHN B
    Lv 6
    3 weeks ago

    Not if mine are more than they are now.

  • 3 weeks ago

    That is not actually possible, and also doesn't make sense.

  • kswck2
    Lv 7
    3 weeks ago

    A flat tax was the platform of Steve Forbes when he ran for President, and it did not get much traction then. 

  • 3 weeks ago

    The point of graduated income tax was to change the situation where the tax burden fell hardest on those least able to pay.

  • Anonymous
    3 weeks ago

    You don't even know what you don't know. And I doubt you will in 10 years.

  • Anonymous
    3 weeks ago

    What do you mean by "the same"?

    Are you referring to a fixed dollar amount?  Flat tax rate?   Same percentage of gross income with no deductions allowed?

    No one has any clue what you are asking. 

  • Robert
    Lv 7
    3 weeks ago

    Same percentage yes.  Flat tax...no deductions for everyone.  At present that is not the law and what your hinting at was and is completely legal until and unless the law is changed

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