Re: Flat tax favours business, By Marta Ďurianová, October 6 - 12,2003, Volume 9, Number 38
Yes, bring us back to communism! Down with the flat tax rate!
People will, at the end of the shopping day, have paid more or less the same in taxes as they did before, but the flat tax rate creates a friendly investor climate and by that - more jobs, and by that - more tax revenues, and by that - hopefully, further tax cuts.
I can't see the logic in the argument that those who earn a lot of money should pay a higher tax percentage than those who don't earn a lot of money. Taxes were invented to allow society to help those in need and to pay for infrastructure for the benefit of all categories of people, education levels, etc.
We live together and certain things must be done together. Those who earn well will pay more anyway. 19% of 1 million is twice as much as 19% of 421,050, isn't it? Progressive taxation is pure socialism. It makes people into tax avoiders and social benefit speculators; neither is good for society.
I salute Slovakia for being brave in this area.
20. Oct 2003 at 0:00