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To: Signalman

The lowest threshold for direct tax increases will be about $40,000 for individuals. Everybody else will be assessed the “hidden tax” of inflation, and the pass-throughs of the higher rates the producers of goods and services will be forced to pay, then roll into the wholesale price of their product.

The Steve Forbes version of the flat income tax, with no exceptions and allowing a certain minimum amount to be exempt for individuals. and applied to corporations and individuals at large, would make it possible to file your income tax on a post card.


19 posted on 04/04/2021 11:12:37 AM PDT by alloysteel (¡Viva la Revolución! It worked for Castro....)
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To: alloysteel
The Steve Forbes version of the flat income tax, with no exceptions and allowing a certain minimum amount to be exempt for individuals. and applied to corporations and individuals at large, would make it possible to file your income tax on a post card.

The church asks only a 10 percent tithe. If that's enough for God it surely ought to be enough for a government that thinks its God.

43 posted on 04/04/2021 3:39:18 PM PDT by Don Corleone (leave the gun, take the canolis)
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