Probably the only time I will contribute to this forum!

With the economic debacle we are in and the argument over who pays what in taxes, time to renew discussion of the FLAT TAX.!.!.!

I'll would be willing to wager that if there are ZERO deductions and the wage earner payed somewhere between 5 - 7.5% and corporations paid between 10 - 15% (EBITA) that MORE tax $$$ would be collected than in the current morass of IRS rules and EXCEPTIONS. This would in essence lower that tax rate for most and might even STIMULATE jobs & the economy.

If nominated I will not run and if elected GO TO HELL!

I've never seen flat tax proposals with rates that low. I thought the individual rates were more like 17%.

A flat tax has merit and could provide some savings by trimming the IRS.

Thanks for your contribution to the forum :btu:

-spence

See this concept in its purest form generates no interest, too simple. Nothing to back room negotiate and no pork!

i support a flat tax