Domingo Halliburton
Handmade in USA
Person making 10m/year is paying about 2.5 million in taxes while person making 150 k is paying about 25k in taxes
The rich person is paying a higher percentage on a larger amount of money.
Please tell me what the "fair share" should be
Perhaps the only positive of a flat tax would be eliminating a ton of work done by the IRS and potentially saving the government billions. Potentially.
In reality you are asking for taxes to be raised on the poor and lowered for the rich. And this isn't even getting into the fact that you are most likely avoiding a lot of income taxes with capital gains (if at all) in our current system when making $10MM/yr. Thus, essentially achieving what you're arguing for. So go fukk yourself. Flat taxes are a terrible argument and they are progressive for a reason.