[quote=CA renter]The fairest tax of all is one where ALL income is taxed at the same, progressive rates.
Everyone is taxed the same under this plan, and nobody can claim that there is any favoritism. If you have income that is high enough to be taxed at an unusually high rate, get on your knees and thank God/your higher power that you are more fortunate than all those other people.[/quote]
That was originally to be one of the key provisions of Reagan’s tax reform.
I don’t think that selling stocks or houses or whatever should ever be taxed at a rate below what a McDonald’s worker pays.
