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Progressive Tax is a Socialist idea based on punishing rich people for their success. Dr. Stephen T. Colbert, D.F.A. discussed this abomination on an episodeEpisode #471 of his award-winning news program, "The Colbert Report".

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  • Progressive Tax
  • Progressive tax
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  • Progressive Tax is a Socialist idea based on punishing rich people for their success. Dr. Stephen T. Colbert, D.F.A. discussed this abomination on an episodeEpisode #471 of his award-winning news program, "The Colbert Report".
  • Progressive taxation, also known as variable taxation is a tax system where resident's in a country / area are made to pay a certain amount of tax which is based on their own financial income and living situations rather than taxing everyone the same amount. For example, a person with low income living in a small one bedroom flat would pay less in tax than a billionaire living in a mansion, spending his day eating giant watermelons.
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  • Progressive taxation, also known as variable taxation is a tax system where resident's in a country / area are made to pay a certain amount of tax which is based on their own financial income and living situations rather than taxing everyone the same amount. For example, a person with low income living in a small one bedroom flat would pay less in tax than a billionaire living in a mansion, spending his day eating giant watermelons. This type of taxation is popular with the Left wing. It is this policy which sparked fear in rich American Republicans that Barack Obama is actually a socialist and may turn into the new Stalin. Apparently wanting to help people afford food rather than tax people into starvation now makes you a dictator. The opposites of progressive taxation are flat taxation or the even more extreme Poll tax.
  • Progressive Tax is a Socialist idea based on punishing rich people for their success. Dr. Stephen T. Colbert, D.F.A. discussed this abomination on an episodeEpisode #471 of his award-winning news program, "The Colbert Report".
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