### taxes - Ram Pages

```Should “rich” people
be taxed more than
the “average”
American?
BY
: JOSH ROTH
 My belief:
No, I do not believe the rich should be
taxed more than the average
American.
- Why should they be?
- Rich people should be penalized for
finding a way to make more money?
Single Filers tax rates
 10%
Up to \$9,075
 15%
\$9,076 to \$36,900
 25%
\$36,901 to \$89,350 (average)
 28%
\$89,351 to \$186,350
 33%
\$186,351 to \$405,100
 35%
\$405,101 to \$406,750
 39.6%
\$406,751 or more (rich)
Rich people should be
taxed more????
ok…so if I go out & find a way to make my own
business & it works & I become very successful &
wealthy….while a buddy from highschool who lives
down the street from me decides to stay at home to
play cod during the day & work at wendys.
He should be taxed less than me…?
So lets do some math……
How the tax rate in
the U.S. is now…

Average- \$80,000
x .25


= \$20,000 TAXED
Rich- \$400,000
x .40

= \$160,000 Taxed
How the U.S. could be
with a flat tax rate…
 Average- \$80,000
x .32
 = \$25,600
 Rich- \$400,000
x .32
 = \$128,000
Flat Tax system
-A system that applies the same tax
rate to every taxpayer regardless of
income bracket. A flat tax applies
the same tax rate to all taxpayers,
with no deductions or exemptions
allowed.
Because basically by taxing the
rich more, the rich are
paying the loopholes that others
aren’t paying……so they’re really
paying for someone else’s
tax/someone else’s tax
“difference”
we need balance!!!
Works Cited:

http://www.bankrate.com/finance/taxes/tax-brackets.aspx

http://www.debate.org/opinions/should-rich-people-pay-moretaxes

http://www.aei.org/publication/new-study-shows-why-heavilytaxing-the-rich-wont-work/

http://www.investopedia.com/terms/f/flattax.asp
```