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ProgressiveProfessor

(22,144 posts)

5. Some basic restructuring of the US tax laws are well overdue

Reply to Jackpine Radical (Original post)

Mon Feb 18, 2013, 12:32 PM

Feb 2013

The system is so complex that the tax avoidance industry know more about the laws that the people who write them and the people who enforce them. It is complex to the point of insanity.

We need a complete rewrite, not a flat tax or Fair Tax as proposed, but something simple and progressive.

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I guess the flat tax idea is resurfacing again. [View all] Jackpine Radical Feb 2013 OP

Any so-called 'flat tax' is regressive. sinkingfeeling Feb 2013 #1

That is exactly the point I'm trying to make. Jackpine Radical Feb 2013 #3

I think most flat tax proposals are income tax based and remove most deductions el_bryanto Feb 2013 #2

The point remains in both cases: Jackpine Radical Feb 2013 #4

Well - they would file corporate tax returns el_bryanto Feb 2013 #8

Some basic restructuring of the US tax laws are well overdue ProgressiveProfessor Feb 2013 #5

Time to really consider taxing assets instead of income. Cleita Feb 2013 #6

How would that work? IphengeniaBlumgarten Feb 2013 #12

Oh, is that how you would work that? How regressive of you. I suppose you like sales tax too. Cleita Feb 2013 #13

I sense some confusion... IphengeniaBlumgarten Feb 2013 #15

In my post I stated I don't really know how to go about this, however, here is another Cleita Feb 2013 #16

I suppose there is one thing to be said for the flat tax......... OceanEcosystem Feb 2013 #7

Here's the thing... Jeff In Milwaukee Feb 2013 #11

Flat tax rates make the poor pay more and the rich pay less LonePirate Feb 2013 #9

Exactly. Jackpine Radical Feb 2013 #10

That turd floats to the top pretty much any time taxes are discussed. winter is coming Feb 2013 #14

A surprising number of Dems take the bait. KamaAina Feb 2013 #17

It "sounds fair" until you do the math, or unless you have some winter is coming Feb 2013 #18