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04-06-2009, 02:18 PM
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#1 |
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“Hypocrisy: prejudice with a halo”
Join Date: Mar 2007
Location: Savannah, Georgia
Posts: 21,393
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And added up, we would have much more in income collected. Flaten the tax, everyone pays, close the loopholes.
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Anyone but the this most fuked up President in History in 2012! |
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04-06-2009, 03:07 PM
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#2 | |
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Quote:
I have not seen any reliable source that would suggest a flat tax at a 20% rate of wages (with or w/o non-wage income like capital gains) would come close to covering even the basic current costs of defense, payment on debt and entitlements (combined nearly $2 trillion/year)...and that excludes any discreationary spending on domestic programs. |
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