"Clean Step" tax simplification: retort to Flat Tax nonsense

[oscar111]

Sure, simplify taxes. But not by using bushes outrageous flat tax.

Our method could be called "Clean Step".

Step, because we keep the progressive step-wise increase on higher incomes.

Clean, because we would SIMPLIFY by removing the thousands of cluttering adjustments to taxes. Like the deductions, and rebates, exemptions,... and i dont recall half of them.

Currently the IRS booklet is both laughable and insane.
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Idea #2 -->
BEYOND CLEAN STEP -- NO STEP TILL AT HIGH INCOMES { "High Clean Step"}

Personally, i would get all taxes from the top 10 % , as i read it was done before WW2. This year, did not Gen. Wes Clark propose shifting ALL tax from the middle to the upper class?

So this is both a mainstream idea because it HAS been done, and because it has been revived by Gen. Clark.
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Recap of the first, main idea here:
When bush says "Flat Tax", we can reply, "No, we want "Clean Step taxes"."

[punpirate]

1. You're just looking at the portion of the tax code...

... that affects you. 95% of the tax code is composed of special exemptions and credits for business.

Want to really simplify the tax code? Go back to 1948's code. Period. But, watch out for the high-volume squawking from the business community and the wealthy. 80% war profiteering tax, no gimmes from the government for offshoring costs, 92% nominal rate on the top income brackets, but they could shelter income in capital gains, but would pay 48% capital gains tax on short-term investments. They'd be going for long-term investment in a heartbeat.

It would throw `em into a tizzy. Ain't gonna happen, though.

Nice to contemplate, however.