Reply #25: changing a percentage is hardly adding complexity

[cryofan]

Obviously, as the other responder below pointed out, the real complexity of the tax system is caused by the labrynthine brambles of the deductions (hello!?) and other aspects of the tax system, and certainly NOT because someone at bracket Y pays N% and someone in bracket X pays M%....hellooooooo???


Anyway, here is a more desirable set of tax brackets and taxable percents:

Taxpayer A: Earns $20,000, pays no taxes/0% of income

and there would be gradations up to next highest bracket

Taxpayer B: Earns $30,000, pays 20% ($6000) of income

and gradations, etc....

Taxpayer C: Earns $40,000, pays 25% ($10,000)
....
Taxpayer D: Earns $50,000, pays 30% ($15K)
.....

Taxpayer E: Earns $60,000, pays 35% (21K) of income

at 80K, pay 45%

at 100K pay 50%
....
at 150K pay 65%

and so forth...

This may seem like a lot of taxes, but everyone would be able to walk into a hospital and get care and pay nothing....same for dental

also, no one pays anything for public education or daycare. No need to worry about money if you cannot find work.....that taxation would pay for minimum income for all citizens who are not working.

No homeless except the inevitable crazies who have schizophrenia etc,

Don't think it is possible? It is already happening in the social democracies of Europe. Try reading these URLs:


http://www.american-pictures.com/english/racism/articles/welfare.htm

The above URL tells the story of how the Danes have fought time and time again for their welfare state. And it tells you what a welfare state is and should be.

I highly recommend it!

Also, here are some other links of similar nature:


http://www.thirdworldtraveler.com/Economics/AmericanProsperityMyth.html

http://www.geocities.com/kew1788/SocialDemocracy.htm
http://www.geocities.com/kew1788/TakeBackNation.htm

http://maxspeak.org/gm/archives/00000791.html

http://geocities.com/aufheben2/stc_intro

http://faculty.insead.fr/fatas/econ/Articles/Chasing%20the%20Leader.htm

http://post.economics.harvard.edu/hier/2001papers/HIER1933.pdf

http://www.mylinuxisp.com/~cryofan/

A thread discussing this subject can be found here:

http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=104&topic_id=920274