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Lv 4
? asked in Politics & GovernmentPolitics · 9 years ago

would this work? government math problem?

if government were to set a 10% flat tax rate on all monetary increases with no exemptions, no exceptions, and no loopholes...

and the salaries of the senate, congress, the president, his cabinet, the chairman of the federal reserve and the members of the supreme court were calculated by taking the average monthly income from a random selection of US citizens and multiplying that average salary figure by 2 (this number being updated once each month)...

would the revenue generated from taxes be enough to pay those salaries and still have a substantial amount left over to pay the salaries of other government workers and all the other bare minimum expenditures of government? (excluding the cost of running bureaucratic organizations)

1 Answer

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  • ?
    Lv 7
    9 years ago
    Favorite Answer

    A flat tax would crush the poor, dooming them to endless unescapable poverty, while giving more money to the wealthy than ever before in history. A progressive tax is the only way to keep an aristocracy from forming.

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