It does when it progresses to a high percentage. And if the working class has to give a 30% gift to the socialists to buy a new fishing boat many will just forgo it. We're better off with stability for the game rules we have. Historically major overhauls to the tax laws have resulted in more government and richer CPAs, and failure to achieve the original intent.
It would be the socialists paying out the 30% for the new fishing boat under a national sales tax.
We're better off with stability for the game rules we have.
I couldn't disagree more. It's far too complex and nobody knows exactly who's paying what percentage. Im currently getting taxed twice on my income.