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Old 12-22-2015, 06:47 PM  
slapass
Too lazy to set a custom title
 
Join Date: Nov 2002
Location: Earth
Posts: 14,626
Quote:
Originally Posted by OldJeff View Post
And a flat tax does not create less revenue, in fact with the elimination of bullshit loopholes, and a simpler tax code it would create more. (like no you can't write off the private plane you took to Fiji to fuck your secretary undisturbed)
Say the flat tax is 10%. 10% of what? The devil is in that detail. 10% of gross sales? OF income? define income. Sounds like you want it of your gross sales. That tends to crush businesses with growth but no profit. Which is one of the keys to our success.
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