Quote:
Originally Posted by Happy Monkey
Well, there it is. Exemptions and progressive levels of taxation. Recognized as necessary in all flat tax proposals. And that's what we already have.
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How long has it been since you looked at a 1040 tax table? The "level of progressivity" in flat tax schemes is practically nonexistent in comparison. Have a look at the 1040 instructions. A flat tax form might, I say might, have 9-10 lines. Post card size including instructions. No tax tables.
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