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Old 08-27-2008, 04:42 PM
Jack Jack is offline
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Join Date: Jun 2002
Location: Georgia
Posts: 6,087
"No write offs..at a flat rate of 6%."
That would be very nice!
Remember when Steve Forbes was running for the Republican nomination, and pushing the flat tax idea? He proposed a flat rate of 17%. Hmmmmm, maybe not quite so nice.
Then, some economists ran Forbes' numbers, and discovered that, to generate the revenue Forbes said the tax would generate, you'd have to use a flat tax rate of 33%.
Starts not sounding so good......
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