An Illustration of Why I Don’t Like Progressive Taxation
Friday, August 22nd, 2008Check this out. Using 2008′s Federal Income Tax Brackets for Married Filing Jointly, I ran some numbers comparing the tax burdens for two incomes. First, here’s a look at the 2008 Federal Income Tax Brackets for Married Filing Jointly: Using those numbers, I ran the numbers for two different taxpayers. One taxpayer (Joe) has a [...]
One Commenter’s Argument Against the Flat Tax
Thursday, August 21st, 2008The posts of this week have led to some very interesting discussions. This is what I love about blogging. Yes, even some of the commenters that I didn’t agree with made some points that made me reconsider my positions. I wanted to highlight one comment left on the What’s the Definition of “Fair” and “Rich?” [...]