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Reply #59: So, your problem is with tax emptions, not progressive taxation [View All]

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muriel_volestrangler Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-05 07:04 AM
Response to Reply #24
59. So, your problem is with tax emptions, not progressive taxation
If you think that millionaires aren't paying their share, then why try a system which limits the amount they might pay? Obviously, if they're paying less than they ought to, it must be becasue they are using exemptions to decrease the amount of income that is subject to tax.

So the cure is to get rid of the exemptions. Decreasing the top tax rate doesn't make millionaires pay more tax on its own. It would only do so if you abolished the loopholes. So, abolish the loopholes, and use a progressive tax system as well.
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