How does tax work in the US? In the UK we have a sliding scale; eg someone only earning say the eq. of $25,000 would only pay 15% tax, whereas anyone earning over the eq. of $80,000 pays 15% on the first $25K, 25% on the next $25K and then 40% on the remainder. Eg, anyone earning more than £80,000 gets rammed for taxes - there was an recent survey of average tax in the UK that reported that the average person has paid something like £120,000 ($235,000) in income tax alone in the last 10 years.
That doesnt take into account council tax (ours is $7,000 per year) VAT (sales tax 17.5% on everything but food) and the myriad of other taxes that will literally make you cry. And yet, the poverty rate increased this year??????? I'm all for supporting the poor, welfare state and all, but how can we do that if our government is spending all the taxes elsewhere??
From what I've read it seems America is pretty much run by the rich anyway, tobacco companies, credit card companies, large unions, etc etc, do you really think they would ever allow the government to charge them more tax?
That doesnt take into account council tax (ours is $7,000 per year) VAT (sales tax 17.5% on everything but food) and the myriad of other taxes that will literally make you cry. And yet, the poverty rate increased this year??????? I'm all for supporting the poor, welfare state and all, but how can we do that if our government is spending all the taxes elsewhere??
From what I've read it seems America is pretty much run by the rich anyway, tobacco companies, credit card companies, large unions, etc etc, do you really think they would ever allow the government to charge them more tax?