What are progressive taxes? *blush* Is that setting tax levels proportionate to income? I had a huge argument with my mum a few weeks ago regarding why I consider being rich to be wrong (My argument being that earning more than the reasonable adequate income for where you live encourages a person to love money more than their fellow man... wait, that's not relevant)
Um, yeah, progressive taxes are the idea that you charge a percentage tax in proportion to the amount of money being earnt- there are three levels in NZ. to me the logic is clear: a person earning $100 a week can afford to lose very little of that, while someone earning $1000 can afford to lost a significantly greater sum.
What frustrates me about this is the attitude propounded by the rich everywhere- that they are earning more money because they are working harder, and that they are therefore more deserving of it that poor people and certinly should not lose any more money than they poor do. This is such a pervasive idea- and in some ways, take it to its extreme and you're talking flat tax that isn't even percentage based, which is obviously a bad idea.
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carisma_sensei
no subject
Date: 2004-12-10 07:50 am (UTC)no subject
Date: 2004-12-11 12:20 am (UTC)What frustrates me about this is the attitude propounded by the rich everywhere- that they are earning more money because they are working harder, and that they are therefore more deserving of it that poor people and certinly should not lose any more money than they poor do. This is such a pervasive idea- and in some ways, take it to its extreme and you're talking flat tax that isn't even percentage based, which is obviously a bad idea.
no subject
Date: 2004-12-11 02:30 am (UTC)no subject
Date: 2004-12-11 08:48 pm (UTC)no subject
Date: 2004-12-11 11:53 pm (UTC)