Obama's first failed appointment

Originally Posted by TheMercenary

And added up, we would have much more in income collected..

Got a cite for that...or is it just fuzzy math?

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.