
Originally Posted by
Yabby
One way that i liked was to raise sales tax. You can even take it to an extreme by raising the % based on the cost of the item.
0 - 5,000 = 7%
5,000 - 20,000 = 7.5%
20,000 - 80,000 = 8 to 8.5 %
80,000 - 200,000 = 8.5% to 9%
200,000 - 1,000,000 = 9% - 9.5%
1,000,000 + = 9.5 to 10% sales tax
Edit: The above is a little high i know, just trying to show what i mean.
The main reason i like this type of tax to be raised is that the super rice do not have loop holes. They can't write of massive amounts of money so they are paying little to nothing every year. It really makes me sick when i see someone that makes 20 million a year paying as much taxes as someone who makes 1 million a year because they use all the loop holes in the system.