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re: The Flat Tax
Posted on 4/7/15 at 10:38 pm to Jabstep
Posted on 4/7/15 at 10:38 pm to Jabstep
I have not yet seen a flat tax proposal that would realistically produce the same revenue that our current structure provides.
I'm a CPA, lean slightly to republican and I won't lose any sleep over the flat tax becoming a reality.
I'm a CPA, lean slightly to republican and I won't lose any sleep over the flat tax becoming a reality.
This post was edited on 4/7/15 at 10:39 pm
2
Posted on 4/7/15 at 10:54 pm to SippyCup
They should do a progressive tax, but no extra steps. No deductions, no difference in capital gains. Just a one step plug your total yearly income into a IRS website calculator and presto you're done. Would not necessary increase burden on certain income class, at least much.
All those bright future CPA's need to focus their talents to do something that actually produces something.
All those bright future CPA's need to focus their talents to do something that actually produces something.
This post was edited on 4/7/15 at 10:55 pm
Posted on 4/8/15 at 6:22 am to SippyCup
quote:
I have not yet seen a flat tax proposal that would realistically produce the same revenue that our current structure provides.
This is the major sticking point IMO. It's near impossible to do without raising taxes on the middle class.
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