Progressive taxes, where some pay disproportionately more than others, are the epitome of unfairness.
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There is me thinking the non-linear utility of money was a settled concept… What’s the alternative? Everyone pays a higher fixed rate (if you want tax revenue to remain constant). Obviously unfair on lower incomes given the utility of money at lower end.
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So a fairer tax is one that in your eyes taxes the poorest more, while the other end of the spectrum won't feel it at all? Hmmm. Neither system can be perfectly fair, but I am not at all swayed by flat tax arguments, given who would *actually lose* under such a system.
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A flat tax taxes everyone equally as a fraction of their income, and the rich more in absolute terms. That’s fairer than progressive taxes, IMHO.
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Because fair is ...?
Kiitos. Käytämme tätä aikajanasi parantamiseen. KumoaKumoa
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Wouldn't a fair tax be a flat tax on utility, which means (something like) progressive taxes?
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A fair tax is where everyone sacrifices the same (constant) amount of utility, and therefore it's a flat (linear) tax on money.
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