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? |
Unfortunately you didnt answer T_P's question. Your missing teh fact that the CEO/Pastor/Businesmen will then change his income so it falls below the 30K cap, all the while still living in the multimillion mansion.
Because thats a Net Worth, not an income.