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Mr. Sandman · 04-15-2009, 02:48 PM

I agree, our tax system is way to subjective. Everyone is positioning themselves in one manner or another to avoid this and that.
what really sucks is AMT!!

I would like to see NO Deductions for nothing...a simple flat tax or no income tax and a bigger sales tax on good to make it revenue neutral. This way you can't cheat. Too many people are cheating on income tax.

Now say that a sales tax hurts the poor because they don't pay income tax...well for the truly poor they don't buy much but this could be offset with a rebate of some kind. What you do catch is the Wall Street schiesters who hide their income in a form of capital gains and don't pay 40% but 15% on ....millions.

Honestly I bet if we had a no income tax, and a fed sales tax there would be a net gain...not to mention we could do away with the IRS and tax forms.

04-15-2009, 02:48 PM	#3
Mr. Sandman Registered User iTrader: (0) Join Date: Sep 2001 Posts: 7,649	I agree, our tax system is way to subjective. Everyone is positioning themselves in one manner or another to avoid this and that. what really sucks is AMT!! I would like to see NO Deductions for nothing...a simple flat tax or no income tax and a bigger sales tax on good to make it revenue neutral. This way you can't cheat. Too many people are cheating on income tax. Now say that a sales tax hurts the poor because they don't pay income tax...well for the truly poor they don't buy much but this could be offset with a rebate of some kind. What you do catch is the Wall Street schiesters who hide their income in a form of capital gains and don't pay 40% but 15% on ....millions. Honestly I bet if we had a no income tax, and a fed sales tax there would be a net gain...not to mention we could do away with the IRS and tax forms.