Tag Archives: Make tax equitablizer not equalizer

Time for: Tax-Equitablization! Reject tax equalization…

9 Aug

Present scaled tax rates are based on income, with numerous means to take deductions. The basis of such tax is to reduce the disparity between those who make a great deal of money, and those who do not.

For a system to be more fair and better accepted by democratic populations, it is perhaps time for tax not to be just based on either gross, or net income, but on the source of any given income.

In addition to level of income, source of income should be used to determine level of taxation.  For example, a teacher, policeman, or doctor should be taxed at a much lower rate than are entertainers.

A much more detailed proposal will follow.