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re: Bosh Jarro is not a fan of the tax plan

Posted on 9/28/17 at 9:15 am to
Posted by Eli Goldfinger
Member since Sep 2016
32785 posts
Posted on 9/28/17 at 9:15 am to
Anything other than a flat tax will make me angry...so...
Posted by dantes69
Boise, Id.
Member since Aug 2011
2027 posts
Posted on 9/28/17 at 9:44 am to
flat tax of 17% with a $25,000 deduction for single $50,000 for joint filing.NO OTHER DEDUCTIONS.

a married couple making $100,000 would pay 17% of the remaining $50,000, for an effective rate of 8.5%

a married couple making $70,000 would pay 17% of the remaining $20,000, for an effective rate of 4.86%

a married couple making $200,000 would pay 17% of the remaining $150,000, for an effective rate of 12.8%

income is income, doesn't matter how it is made it is taxed the same
Posted by Mulat
Avalon Bch, FL
Member since Sep 2010
17517 posts
Posted on 9/28/17 at 12:09 pm to
quote:

Anything other than a flat tax will make me Very Disappointed.
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