Since the rich consume more than the poor it would hardly be the same tax. Only the percentage would be the same not the end result. Rangel has to know this.
Why not have a wealth tax where a single tax rate for everyone would be applied against one's entire wealth?
Every politician born would then be working hard to keep costs and entiotlements down and the follow on tax to cover costs low.
Many truly wealthy people pay absoluitely no tax now....Thats what I call unfair.
More than that, It would tend to adjust outcomes, since livable wages could not remain artificially low, as caused by the progressive tax system.
Not if you believe in fuzzy math as Rangel does.
Many Americans are ignorant of this and will believe him. Most of them Democrats.