Quote:
Originally Posted by Pandora  In a flat tax system, the income is taxed after a certain level of income in reached. There has been talk of a $30K family friendly tax cap and anything over that is taxed at a percentage rate. If the paster gets the cap on the income earned as his families salary, then anything over that would be subjected to a flat tax rate.
So now that you've drilled me with your questions, I'd sure love to hear your solution? |
My point was that a flat tax, or a progressive tax as you've described it, is even easier to overcome than our overly complicated and abusive/abused system is now. The level of income would drop drastically in this country (on paper), and the standard of living of rich would skyrocket, with the standard of living for middle and lower class individuals dropping like a rock due to the massively increased burden.
My solution - as is and tweak, tweak, tweak.