Warm Southern Breeze

"… there is no such thing as nothing."

Posts Tagged ‘Flat tax’

A Real Life Example Why A Flat Tax Is Inequitable And Unjust

Posted by Warm Southern Breeze on Friday, November 10, 2017

Recently, a physician friend of mine had asked this question of me:

“As far as Tax goes, why not use a flat tax? I can’t understand why it won’t be considered?”

My reply to him follows.

“The so-called “flat tax,” which would be a no-deductions type of single percentage levies “across the board” upon everyone, bar none, is a disproportionate burden to those who make less.

“Consider the following, which is a real-life example to illustrate the case in point:

“A female friend shared with me that she and her spouse have a 50/50 sharing agreement with household expenses. That is to say, she pays half, and he pays half. He is retired, she is not. In his working years, he was a Read the rest of this entry »

Posted in - Did they REALLY say that?, - Politics... that "dirty" little "game" that first begins in the home. | Tagged: , , , , , , , , , , | Leave a Comment »

American Income Disparity and the ideal of Equality

Posted by Warm Southern Breeze on Sunday, October 30, 2011

The report by the Congressional Budget Office  is based upon data provided by the Internal Revenue Service and the Census Bureau, and was requested several years ago. The official report may be downloaded from the CBO via the link provided in the story in the first sentence of the first paragraph in the words “new report.”

It is my opinion that Republicans – which party has been hijacked by the radical element commonly known as the “TEA Party” – are Hell-bent on destroying this nation by eliminating – bit by bit, piece by piece – every vestige of rule, regulation and protective service that benefits the American people.

Their ideology is “tear down,” rather than “repair, rebuild.” It’s like tearing down the house just to replace the toilet.

Their political philosophy is disguised as “small government, less regulation” which on it’s face, sounds nice – which is almost like asking “if you could satisfy your hunger by eating Read the rest of this entry »

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The Impact of the Flat Tax Reform on Inequality

Posted by Warm Southern Breeze on Wednesday, January 26, 2011

Some assert that everyone should pay the same rate of taxes, claiming that one “flat rate” would solve many problems.

I beg to differ.

The inequality of the so-called “flat tax” is quite simply, self-evident, because given that the cost of living is indexed similarly, the one whom has more income and wealth does not use as much to live, whereas the less fortunate and less wealthy use a greater percentage of their income to make ends meet.

Put another way, if it costs $500 annually to live, and you make $1000, that’s 50% of your income.

If it costs $500 annually to live and you make $10,000 that’s 5% of your income.

Who, then, does a flat tax benefit? Read the rest of this entry »

Posted in - Faith, Religion, Goodness - What is the Soul of a man?, - My Hometown is the sweetest place I know, - Politics... that "dirty" little "game" that first begins in the home. | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 5 Comments »

 
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