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%%[_2_] %%[_2_] is offline
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Default The Ten Percent Flat Tax



"Ed Pawlowski" wrote in message
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On 10/15/2020 2:13 PM, %% wrote:


"Ed Pawlowski" wrote in message


A complete restructuring of the crappy code as now written with lots of
loopholes.


And a much worse result for everyone
except those on very high incomes.

And an utterly obscene result for those on the
lowest income and those that inherit properly
or businesses. They will mostly have to sell up
what the inherited to pay the income tax.


So by rewriting the tax code it is a penalty for the working poor?


Not just the working poor, the bottom HALF of taxpayers
who currently pay no federal income tax.

And we aren't discussing rewriting the tax code,
we are discussing a FLAT RATE INCOME TAX.

You are making claims on a blank sheet of paper, not a proposed tax.


Nope, pointing out the problems and gross
inequities with the proposed flat rate income tax.

I thought you smarter than that.


Thats dishonest.

Make that claim when you see a thought out draft of the proposal.


We are discussing a particular very poorly
thought out proposal, a flat rate income tax.

Yes, the current tax regime can be tweaked or
even discarded completely, but it makes no
sense at all to replace the current income tax
regime with a very simple flat rate income tax
with no deductions or exceptions on what is
income or even with a flat rate scheme with
lots of deductions and exceptions either.

A progressive income tax scheme with sensible deductions
and exceptions is a lot fairer and more equitable.

But it makes no sense for HALF the taxpayers to
pay no federal income tax. No one else world wide
has such a terminally stupid approach to income tax.