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Old 03-29-2012, 11:41 PM   #16
Antelpebabe

Join Date
Oct 2005
Posts
468
Senior Member
Default
No, it's your logic.
No it's not, not even close. First, "WE", at least most of us are not corporations, and corporations are whom and what we were discussing. Second, no where in any tax code is there a 100% tax rate.
However, in your failed attempt at a straw man is found a mathematical truth. If indeed we received a lump some check for 80% of our income or if we paid a 20% net tax, the outcome is identical.
If however we received a lump some check for say 85% of our income because the Government decided we needed it to survive, that 5% would be, a subsidy
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