Bernie Sanders tax on the rich won't work

If you are advocating for a flat tax plan, you have to be willing to explain how the federal government would be able to recoup the $20.8 trillion in 20 years in revenue loss, as reported here: http://www.taxpolicycenter.org... What you don't seem to understand is that the United State tax code works off of a marginal income rate, meaning that there are tax brackets which all citizens fall under. For example, the first tax bracket could be $0-20,000 per year, at a rate of 10%, and $21,000- 50,000 could be 15%. This might seem unfair if it weren't for the progressive tax system that has been in place in the US for a very long time. The way it works is, if you are making $30,000 per year, your first $20,000 is taxed at 10%, while the remaining $10,000 is taxed at 15 percent. This is the system the United States operates under, and it ensures that someone like Bill Gates will be paying the same rate, 10%, on the first $20,000 he makes as someone who makes $10,000 a year. That is fair, they pay the same rate on the same income, he just has an elevated income so he will experience a higher rate only on that specific bracket. Also, you seem to be under the assumption that all workers are the same, as evidenced by your comment about everyone paying the same, because that would be fair. That is not at all the case, because people making money at the $400,000+ bracket are not contributing to society in the same way that these people who are earning $20,000 a year. These low wage workers are working hard to produce and manufacture, doing low level jobs that stimulate economic growth. The people sitting at the top do NO work, they simply rake in cash. They contribute nothing to society, they just delegate responsibility to their employees who they underpay while they sit at the top and claim that they shouldn't be taxed at the same rate. Fair is people being taxed at the rate that they contribute to society, which, for the majority of rich people is less than nothing. To your second point, you seem to not have read my argument as I explained why people wouldn't leave America due to less economic opportunities, increasingly socialist countries, etc. I say they will not be treated as well in other countries because that is the truth. If a rich person from America were to move overseas, they would encounter the same progressive tax rate as exists here. There is no country that allows for 10% tax on the rich that is comparable to the United States in economic capacity. You never actually addressed any of my arguments against people moving from the US, you just reasserted that it would happen, despite having no evidence that this would actually happen. As I said, your common sense does not serve as an economic indicator. If there truly was a place where the rich people could go to have their tax rate at 10%, that's where they would be because that is already lower than what they pay currently. I'm noticing that you didn't understand my argument about free trade. There is a distinction that needs to be made between private citizens who are rich, and corporations who are rich. When I talk about free trade, and restricting the ability to leave America, that is in reference to companies. Of course, private citizens are free to leave whenever they want. However, if they do, they will experience much the same as already exists here. The vast majority of advanced economic countries have already imposed higher tax rates on rich citizens, because they are far more socialist than the US. The US is one of the most capitalistic countries on Earth, so if someone rich were to try to leave, they would almost certainly be going somewhere more heavily socialist. So leaving for them, while a possibility, would not benefit them in any way. Companies are a different story slightly. They will as well be allowed to outsource jobs, but they will have a hard time with the lack of free trade agreements and possibly tariffs imposed on their goods coming in and out of the country. Allowing the rich to store assets overseas is not an argument anyone agrees with. Nobody believes that it is acceptable for American citizens to skirt American tax laws on their American income by storing money overseas, it makes no sense for them to be able to do that. As to your point about the air conditioning company, it is just not viable for a company to not trade with America. We are the largest market in the world, for a company to cut off trade with us would spell the end of that company.