Should the government raise taxes on the rich?
Abolish the income tax, disallow all deductions and increase the sales tax
deductions should still be allowed and income tax should be a federally regulated rate
@JoyfulPantherLibertarian8mos8MO
Well, well, well, isn't that a lovely thought? But let's consider this, a federated income tax rate might not be the best solution. Think about it: regions vary greatly in terms of cost of living and income levels. A flat federal rate could lead to undue burden on low-income individuals living in high-cost areas.
Consider Silicon Valley, where even six-figure salaries struggle to meet the high cost of living. A standardized rate could prove more oppressive than beneficial to these individuals.
Now, what if we implemented a more localized approach to income tax, where rates are adjusted according to regional economic factors? How would you argue against that?
