Well, for starters, since when does basic math apply to the tax codes?
There is no such thing as a flat tax, so no, it's not even close to even taxation. Right now, people with salaries up to around $120k pay roughly 33% to taxes. The majority of people with income of $1+million pay on average 6% with all of Bush's tax cuts.
Let's take you example of minimumish wage $12kish a year. Not exactly a liveable wage, is it? Now take out $3500 for taxes. That's $8.5k net. Now we contrast that with say a $5million income. If that person were to recieve all the Bush cuts, they would owe only around $300k. Now take the costs of day-to-day living and think about $8k vs $4.7million. If the $5mil person had been taxed at an equal amount then the taxes they have to pay would be around $1.5million. That's a lot of cash to pay out, but it's exactly the same percentage as a minium wage earner who can't even survive the current cost of living index even if they pay no taxes at all. We're talking poverty level.
Without the lower wage earners the higher wage earners would not be able to earn what they do. It's the way things work. You think if the 90+ percent of under $120k earners stopped working all the high wage earners would continue to reap large salaries? Rich or poor, everyone uses the infrasturctes in the country, every needs health care, domestic and national security, etc.
I'd start whippin out the exact numbers from the IRS reports, but since this is still Saturday's messages, not going to bother because the new ones will be up soon.
I love that reasoning, though. Why should I go to college and earn more money if I have to pay more taxes? Hehe. Philosophy and critical thinking really needs to be taught in schools today.