re: #27 Samita

From a logical perspective why should someone who earns more have to pay a higher % in the first place. They already pay more because they earn more.
I’ll never reach the levels of income where it would matter, but I’m a huge proponent of a flat tax or a national sales tax. Though I do understand the concept of a personal exemption around basic living costs (say 10K)

Another example is… the home owner tax break. I own a home and get this exemption.. but why should someone with a basic loan for a home at 100K get so “keep” ~ 3-4K in interest - and another person willing to lay out for an extravagant home of 400K get to keep 12-16K. seems like a tax break in the other direction.

How do you levy a consumption tax on all purchases, and then work in an exemption for the first 10k spent per person, per year, without tracking every single purchase that every single American makes?