- Banned
- #101
Look moron, if we paid a flat tax the top 1% would have still paid 95%. This is because in 2007 their income increased at a faster rate than anyone else. So what! That's what your 95% talking point means you idiot. If you can't understand what you write then stop writing, you'll look much smarter...
Well I for one am all for a flat tax, say at about 25%, and I'm a liberal.
As long as it includes:
1. No loopholes, not even for charitable contributions.
2. The elimination of maximum income caps on Payroll Taxes, or their inclusion in the flat tax.
3. The elimination of caps on inheritance taxes.
4. Capital Gains Taxes will now be taxed at the same flat rate as the rest of taxes.
5. the elimination of Sales Tax.
I think you'll find that this will not benefit higher income brackets at all.
The elimination on the salary cap in payroll taxes will add an extra 6% to upper income taxes, and the inclusion of Capital Gains Taxes will raise the rate on profits from stocks, etc by 10%.
So yeah, let's have a flat tax. Please.