taxation

[TheMercenary]

=henry quirk
Why would you tax someone with an annual income of $10K or less, 5%, and, someone with an annual income of $500K and above, 40%?

You shouldn't. Everyone should pay.

That is: what does the number of dollars one has have to do with how much of any one dollar should go to taxes?

It should have no bering on how much one pays but it does. The wealthy pay most of all federal income tax in the country and often the Uber-wealthy pay little to none, while have pay little to none on the other end of the scale. The system is broken.

-**What is the purpose of taxation?

Article 1, Section 8, US Constitution.

-What’s the purpose of governance?

"....(In)Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity..."

-Especially in the American system: do we have 'governance', 'proxy-hood', or something else entirely?

At what level? Federal, state, or local?

*What is equitable ('fair') taxation? That is: if you had your say, how would you structure American taxation (on the local, state, and/or federal levels)?

Everyone would pay the same percentage of income at all levels, with the exception of a very low threshold based on current poverty levels.