NYcarbineer
Diamond Member
A flat tax makes too much sense... That's why are Government will never go for it...
Not to mention it actually would go along with the sprit of the constitution having all taxes levelled equally.
If I make 100 bucks a year I should pay $10 in taxes. If I make 100,000 a year I should pay 10,000 in taxes. If I make 1,000,000,000 a year I should pay 100,000,000 in taxes.
No tax breaks, no exceptions, no deductions. It is what it is...you earn $xxxxxxx.xx/year and you have to pay 10% of it in taxes no matter when, where, or how you earned it.
I pay roughly 10% now in federal income taxes. No dependents, no deductions or credits of any consequence. I know many many people who make just what I do, but have many deductions of various sorts, who pay far less than that.
Should they pay more?