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Yeah it sounds 'fair' on paper but it's not in reality.
You can research and read some economists if you want to keep it more factual.
You can't compare a person in our modern day cost of living making $40 grand to someone who makes $500 grand a year.
Now i don't agree with lower personal income taxes for wealthy.
I DO think corporate taxes should be lowered.
Firstly, I actually agree with you, but will give you the libertarian argument that I find hard to argue against.
OK so how do you define what's fair? How much, of someone elses money, are you fairly owed?
I agree that in this society the rich should pay more. I think it not only makes sense for society as a whole, but it also makes sense for the rich people (to a point). But it's largely greed and jealousy that fuels this 'taxing the rich' in western countries. I don't think that it's fair that they are required, under threat of law, to pay more simply because they have earned more. But I understand that that's the case, I understand why people want that to be the case, and will likely always be the case in a democracy.
That person making 40K a year is living a vastly more wealthy life than most people on this planet, and most people that have ever lived on this planet. We are all selfish and greedy, we always want more, but if this guy talks about fairness only pointing his finger at people richer than him, then how can he justify spending his money on himself when there are billions of people making a fraction of what he makes? Is it not hypocritical to say "the rich should pay more" when you are vastly richer than the majority of people but spend that money on yourself rather than giving it away?