Quote:
Originally Posted by Nucklesack  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. |
Then get rid of the cap (not that that will ever happen - because if this country went with a flat tax - I believe a cap would be imposed) but with any proposed flat tax system it shows that all proceeds, earnings from corporations/companies are also taxed at a flat rate, therefore, saying the CEO/Pastor/Businessman would just adjust his/her income really wouldn't be of any benefit. The tax would be collected one way or another or it is consider tax evasion.
I was, at one time, completely against flat tax but over the years, I think the idea is worth taking a look at. Our tax system shouldn't be this complicated and the only way to get fair and equitable is through such a system, in my opinion.