Re:USA Facts – Federal, state, and local data from governmen...
by tunesmith on Tuesday April 18, 2017 @05:09PM
(#14142943)
It is regressive when compared to the idea that the value of money is roughly logarithmic as it increases.
$5000 means more to a working class person than a billionaire. If taxation should take an equal amount of value from each, then a flat percentage is comparatively regressive.
$5000 means more to a working class person than a billionaire. If taxation should take an equal amount of value from each, then a flat percentage is comparatively regressive.