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shawn703

(2,702 posts)

3. Flat tax

Reply to former9thward (Reply #1)

Sun May 26, 2013, 06:07 PM

May 2013

Make it 15 or 20%, or wherever it needs to be to pay the government's bills for this next part:

First 250k of income is tax-free.

Apply it to individuals and businesses, no deductions.

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16 replies

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Highlight:

About That Apple Tax Dodge [View all] marmar May 2013 OP

Maybe our tax code should have no loopholes for business and no deductions for individuals. former9thward May 2013 #1

Flat tax shawn703 May 2013 #3

Then that is a progressive tax, not a flat tax mrdmk May 2013 #16

Harder than it sounds FreeJoe May 2013 #8

Nicely put. randome May 2013 #10

Taxing profits and allowing expenses to be deducted simply opens the door Egalitarian Thug May 2013 #15

The problem is that we've grown very accustomed to those deductions mythology May 2013 #11

The mortgage deduction was one of the causes of the 2008 crash. former9thward May 2013 #12

I hardly think people were buying homes they couldn't afford Live and Learn May 2013 #13

k&r Starry Messenger May 2013 #2

Of all the big corporations adieu May 2013 #4

We don't need a regressive flat tax, we need to close the corporate friendly - as in we paid for it byeya May 2013 #5

I Am Not Willing To Accept The Premise DallasNE May 2013 #6

I saw an article today that said Ireland is considering changing their tax laws davidpdx May 2013 #7

The fault is the government that allows it. OnyxCollie May 2013 #9

Du rec. Nt xchrom May 2013 #14