Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.2 9/5/84; site spp2.UUCP Path: utzoo!decvax!genrad!panda!talcott!harvard!seismo!hao!hplabs!sdcrdcf!trwrb!trwspp!spp2!stassen From: stassen@spp2.UUCP (Chris Stassen) Newsgroups: net.taxes Subject: Re: progressive systems are fair? Message-ID: <444@spp2.UUCP> Date: Thu, 21-Feb-85 12:53:44 EST Article-I.D.: spp2.444 Posted: Thu Feb 21 12:53:44 1985 Date-Received: Tue, 26-Feb-85 08:25:54 EST Distribution: na Organization: TRW, Redondo Beach CA Lines: 25 [] > I'm not sure a progressive system is fairer! Hear, hear! I don't know about progressive tax systems in general, but I do know for certain that the current one is unfair: (1) I know one relatively rich person. He makes over $100k per year. He pays [legally] $0 income tax. This isn't a fault with progressive systems in general; just with the current one. (2) I know one single person who makes about $50k per year. He pays about $10k in federal tax. (3) A married couple that I know makes about $55k per year. They pay about $15k in federal tax (and about $2000 more in FICA than the gentleman in (2)). Looking at (2) and (3) you will see that the feds have come to the conclusion that two can live *more cheaply* than one (Why else would they tax two incomes of ~27k at a greater rate than one income of $50k?). - Chris