Home › Forums › Housing › Is There a Home-Sale Tax to Pay for ‘Obamacare’? › CA renter wrote:So…you’d
[quote=CA renter]So…you’d finally agree with me that the fairest sort of tax system would tax ALL income at the same progressive rates?[/quote]
No the fairest tax system would tax all income like dividends. A flat rate.
Make $10,000, pay 15%, or $1500. Make $100,000 pay 15%, or $15000. Make $1,000,000 pay 15% or $150,000.
Then just provide a back credit to poverty level.