Quote:
Originally Posted by Mike
The thing about salary - the first £50k for example is far more important than the second £50k. The third £50k is even less important than that. From this point of view a flat tax system is not fair, a progressive one is.
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Hello??? Where's the logic behind that? Who says what is important or not? Important is not an absolute term. Important in order to achieve what? to survive? You're probably right. To motivate, to increase productivity, to get a company going? Probably it's even more important than your first 50k. And the "fairness" argument is just ridiculous. A progressive system is not FAIR. It discriminates against people who are high achievers. That's a fact and I don't think that any socialist in this world would disagree with me.