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To: Kaslin

We need a flat tax with one low rate for everyone, and no deductions for anything.

Just one low rate, and one personal exemption equal to the federal poverty rate. (about $13,000)

The truly poor would pay nothing, and everyone else would pay the same low rate on everything over poverty level.

Young/old rich/poor married/single 10 kids/none at all, the same personal exemption and the same low rate.

The whole thing would fit on a postcard.

The poor Schlub making $18,000 a year wouldn’t get screwed, most of his income would be untaxed. He would only be taxed on $6,000.

Nobody would have to worry about being bumped into a higher tax bracket, there would only be one, and that personal exemption would never go away.


8 posted on 04/19/2014 7:19:37 AM PDT by Beagle8U (Unions are an Affirmative Action program for Slackers! .)
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To: Beagle8U

And being successful would not be punished.


9 posted on 04/19/2014 8:38:39 AM PDT by Sequoyah101
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