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re: If the US enacted a true flat rate tax, what would be the ideal tax rate?
Posted on 1/25/14 at 2:08 pm to Zach
Posted on 1/25/14 at 2:08 pm to Zach
quote:
Wrong. When I say NO deductions, I mean NO deductions.
Same with interest on mortgages; same on charitable contributions. NOTHING. That's how you can get it revenue neutral with everyone paying 16%.
And makes compliance a cinch which is good for business.
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