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Kenyan leader nixes tax hikes after more than 20 killed in protests
Kenya's President William Ruto sent a finance bill with major tax hikes back to lawmakers a day after the parliament was besieged by furious...
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If retired people don't have a lot of money, then income taxing them could hurt them because it could put them into poverty. Only poor people who have excessive amounts of money should have to pay income tax or even a lot of taxes at all.
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Why shouldn't they? Poor people aren't more important than more well off people. So by this logic, we should also tax more to rich people. Why? Is it that the more richer we are, the more we deserve to be punished?
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Why shouldn't they? Poor people aren't more important than more well off people. So by this logic, we should also tax more to rich people. Why? Is it that the more richer we are, the more we deserve to be punished?
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Why shouldn't they? Poor people aren't more important than more well off people. So by this logic, we should also tax more to rich people. Why? Is it that the more richer we are, the more we deserve to be punished?
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Imagine if a similar idea was adopted in any other field, say, in sports. In marathon running, those who can run sub-3 hour marathons have to run with extra weights, and the weights increase as their time improves. Anyone ever consider this idea? I wonder why not...
Flat tax already is bad enough. It would make more sense to have constant tax: everyone contributes the exact flat amount to the budget. Since everyone has an equal vote, why should the contributions differ? Have you ever heard of people paying different prices for 1 lb on apples, based on their ability to pay? This makes very little logical sense.
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