
Originally Posted by
nynco
If someone would put forth a flat tax that made all income subject to it, I would not be against it. But that is because I get something that most of you people don't. Wage earners end take home pay is not dictated tax rates. That only matters to investment income earners. Raise taxes on wage earners and wages will rise to meet the level that a person is willing to work for for the given position. Taxes have no bearing on that number at all. Within a few short years wages will adjust to what that person needs to survive. It will however stop wallstreet from gambling.