Taxing the rich - what is the cutoff?

[SC Skins Fan]

Originally Posted by FRPLG

I think I agree with those who said that the question isn't "What is rich?" but rather "Is it fair that the 'rich' should pay a higher percentage?" Whether it is 250k, 500k or whatever is minutae to me. All the same. You're still arbitrarily making someone fork over more money than the next guy.

Is it really arbitrary if it is based on income? Arbitrary indicates randomness, like everyone whose social security number ends it 8 is placed in tax bracket X. That would be arbitrary.

I mean, even the Fair Tax people argue that their plan is a progressive form of taxation. I guess I'm confused by what you would offer in place of progressive taxation. A flat tax for everyone regardless of income?
Abolishing the Federal Government entirely?

[Sheriff Gonna Getcha]

Originally Posted by SC Skins Fan

I guess I'm confused by what you would offer in place of progressive taxation. A flat tax for everyone regardless of income?
Abolishing the Federal Government entirely?

I would like to see a flat tax, with people making under $X exempt altogether. Of course, that would force the government to drastically reduce spending, but I'm all for slashing various budgets (e.g., defense, certain farm subsidies, etc.).