Richard Hughes wrote: > I "actually" watched it twice just to > make sure I hadn't nodded off somewhere > during the 1:11 and missed the bit where > he says what he actually earns. > Apparently you nodded off. You missed the part about the inequality of pregressive income taxation. A progressive payroll taxation can only be justified if there is a corresponding increase in the amount of representation to mathch the increase in payroll taxation.
There should be no taxation without rep- resentation. If Obama wants to raise my payroll tax, then I should have an increase in my representation. In most countries it's the top 5% that pay over 50% of the payroll taxes, but they have only 5% of the voting weight. Those that pay the most in income tax should have the greater vote as well - it's only fair. Higher payroll tax payers should have a greater say in elections than those who pay less in payroll tax.