Annie
Diamond Member
- Nov 22, 2003
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Originally posted by gop_jeff
I totally agree. Flat (or "proportionate tax) at 15%, excluding the first X amount of earned income, X being whatever the national poverty level is. So if the poverty level is $12,000/yr, your first $12,000 is exempted. The only other deduction I would allow is mortgage interest on your primary home. Nothing else. It would not raise taxes on the poor, but it would significantly lower everyone else's taxes.
Vote me in 2004!!!
Ok Jeff, now you're are closer to me. I'd raise the 'no tax' to 18k per person in household, but do away with the deduction for the house. Also all other deductions for business, with the caveat they too are on a flat tax, no excapes.