Quote:
Originally Posted by slapass
The flat tax is much harder on the working poor then the wealthy as written. Maybe that is ok.
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Isn't there a cutoff point on income in the flat tax idea? Where people who make less than a certain amount would pay no tax?
Honestly, I'm thinking that ALL income tax needs to go. Replace it with a sales tax and stop penalizing people for working and trying to make money.
National sales tax would be a much fairer tax on everyone. No tax on food or utilities or housing. But everything else.
That way, people who get paid in cash under the table (waitresses, strippers, escorts, drug dealers, people selling shit at the flea market, bands, etc.) would pay tax when they use that money to buy something.
And the wealthy buy much more expensive things than people with less money so they would pay more taxes.
I'm starting to think that would be the way to go.