the government is one side of the economic/political triangle ... big corporations being another side and the general public/small business the third side ....<quoted text>I understand your point. You want the government to redistribute wealth and decide who should be the winners and losers economically. I want equal opportunity while you want equal results. Many people have far more wealth than I have and I don't resent what they have made. I love rich people who spend that money and provide a market place that causes good jobs. The government can give nothing to one person that they don't take from another. I trust the market place to make those decisions more than I trust government. Should teachers make more money for the valuable job they do? Should rock stars make millions from singing? That is not for me to decide nor is it for the government to decide. The market place establishes the value of our work. I am kind of hard headed aren't I :)
So if the government can choose a flat tax system then they need to make other adjustments that would make it fair for everyone affected ... they can't make one change without doing something about the rest of the model it is part of.
It is my belief that a flat tax would in general be harder on the poor than on the rich unless you can get rid of all loopholes for the rich first. As per the example I gave for the trust fund, which a family could apply to reduce PERSONAL taxes paid by higher income families ... my friend paid at a lower tax rate than most families earning only $40,000. How is that fair?
the flat tax woudl only be fair if that $200,000 earner paid $10% f the $200,000.