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Old 02-04-2008, 04:44 PM
Jack Jack is offline
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Join Date: Jun 2002
Location: Georgia
Posts: 6,087
Steve Forbes was pushing the flat tax idea a number of years ago. By his estimation, it would have been about 17 %, and that sounded ok to a lot of people.
Then a few independent groups checked the math
Turns out the flat tax would have to be about 33-34 % to equal the revenue stream we have coming in now...suddenly, the flat tax idea faded away.
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