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Old 05-07-2008, 05:06 PM   #34 (permalink)
This_person
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Quote:
Originally Posted by Pandora View Post
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.
And there's the beauty of the scam - it's a business expense to provide those things, so it wouldn't be a part of the business's income, it would be part of their operating costs. Win win for big money.
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