Simple and fair tax reform

[safeinOhio]

Reverse the code. Earned income taxed at 15% or less. Unearned income taxed at 34% on the upper end.

[SoapBox]

1. Ditto.

[Democrats_win]

2. Heck yes! It would sound good even if Mitt said it in French.

[safeinOhio]

3. or, carpenters

pay a lower rate than money changers.

[IphengeniaBlumgarten]

4. Sounds nice but...

Companies will just eliminate things like stock options in favor of much higher salaries.

[Trillo]

5. Your post kind of puts to rest the idea that we have a "progressive" income tax.

So, in reality, we have a regressive income tax. Yes, it should be reversed.

There's also a big regressivity problem with "fees". Local government in these parts seem to love them.