[deleted] t1_iu3ckj0 wrote
Reply to comment by Matt-33-205 in Pa.’s natural gas industry set to get billions in state tax credits - The Allegheny Front by jayjaywalker3
[deleted]
Matt-33-205 t1_iu3z75m wrote
That's not true at all. Do you understand how a flat tax works? 10% of $50,000 income (5,000) is far less than 10% of $500,000 income (50,000).
Like the current federal income tax system, the first "X" number of dollars should be non-taxable. Throw in an arbitrary number, $30,000 for example. The person making $50,000 a year would only pay $2,000 in income tax, while the person making $500,000 a year would pay $47,000 in income tax.
How is that a "higher tax on the poor"?
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