Quote:
Originally Posted by xjoe3x
We do have to eliminate such exemptions.
I do not support income or flat taxation.
I think a sales tax, preferably the fair tax plan.
Not only would it stimulate the economy and increase real incomes. It would do all I have mentioned before. Skerlnik you can also rest assured that it is a progressive tax, although it may seem to be on the surface.
It would also fall right around the percentage you feel is right, 23%, that covers what the federal government gets through all the other taxes they take.
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I'd have to learn more about it. My immediate concern, based on what I do know of it is that the poor spend a larger percentage of their incomes on basic needs. I don't know.
Anything's better than the hideously complex, loophole-riddled monstrosity we have now. Have you actually SEEN a copy of the US Tax Code? It's amazing we take in anything at all!