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Old 12-12-2006, 07:48 AM
Andy L Andy L is offline
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Join Date: Dec 2002
Location: Eldon Mo
Posts: 1,916
It would take some tweaking, but I still think the sales tax could work and be much simpler. Impose stiff penalties if caught doing cash sales. All the people now that mess with checking taxes could be checking inventory, making sure everythiing missing from shelves was taxed.

As for the flat tax, if I remember correctly, and no Im not going back to research it, but to protect the "poor", the last time it was brought up, wasnt it in the plans to give everyone the first $25k they made? Everyone gets $25k, untaxed, to live on. Flat rate after that. If you dont make $25k, you dont pay tax.

Say the rate was 20%. Lets see, a "poor" person that makes $20,000 would pay nothing. A middle class person that makes $50,000 would pay $5000. A person making $100,000 would pay $15,000. A person making $250,000 would pay $45,000. It would essentially still be progressive, although the rate stays constant.

I think it went something like that. That scenario is very lucrative to the middle and lower class. I think there were still going to be deductions for business expenses, of course, so it was based on profits and not total receipts. But other personal deductions were takin away.

As for the other taxes you listed, those piss me off to no end. Especially death and estate taxes. Its a very sad thing that a person can work their whole lives and build something, like a ranch for example, and not pass it along to their kids without the government and a bunch of damned attornies getting their grubby paws in it.

(Couldnt help it, had to throw that that last half sentence in. You know it was just a freindly gouge Fabs. )
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