Why is our current tax system fair?


progressive taxation fair because making 2 million year taxed same percentage on same amount of money making 50k year in same tax bracket. it's totally fair. thoughts? supporting details below.

please note taxed in steps. person earning $100,000 not taxed 28% on entire amount. instead, taxed 10% on first $8,350 earned, 15% portion $33,950, 25% portion $82,250, , 28% remainder:

10% x $8,350 (dollars 1 8,350) = $835
15% x $25,600 (dollars 8,351 33,950) = $3,840
25% x $48,300 (dollars 33,951 82,250) = $12,075
28% x $17,750 (dollars 82,251 100,000) = $4,970
total owed in income taxes = $21,720

more information why progressive tax system fair, see below:
http://nontrivialpursuits.org/tax_policy...


"in united states, first progressive income tax established revenue act of 1862, signed law president abraham lincoln , repealed short-lived flat tax contained in revenue act of 1861." - conservative food thought.

progressive taxation fair because making 2 million year taxed same percentage on same amount of money making 50k year in same tax bracket. it's totally fair. thoughts? supporting details below. please note taxed in steps. person...


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