Speaking of taxes........

[Happy Monkey]

No, a flat tax tax table would look virtually identical. All it is for is to do the multiplication for you. The formula used to generate the table wouldn't shrink the table.

And you'd still need all the complicated instructions to determine what counts as income to input into the table.

[Hyoi]

Originally Posted by Happy Monkey

No, a flat tax tax table would look virtually identical. All it is for is to do the multiplication for you. The formula used to generate the table wouldn't shrink the table.

And you'd still need all the complicated instructions to determine what counts as income to input into the table.

Not in the scheme I have in mind. Once you've determined that you qualify as a taxpayer, income would be gross income....period. There would be no table at all, simply one percentage value. A fifth-grader could complete the form for you.


Next !

[glatt]

Originally Posted by Hyoi

in the scheme I have in mind.

It's kind of pointless for us to debate a hypothetical scheme you have in your head. Once I have said scheme in front of me in black and white and I can see what it does for me, then I can comment on it.

[Hyoi]

Originally Posted by glatt

It's kind of pointless for us to debate a hypothetical scheme you have in your head. Once I have said scheme in front of me in black and white and I can see what it does for me, then I can comment on it.

You're right. I'll do a bit more research and get back.