We need simple taxes, but to combine a flat tax with that need, will return us to non-simple taxes.
So, we’re likely to continue with progressive tax rates ... but at least, we might do that with simple tax forms.
Guess who has a flat tax........RUSSIA!!
Step one is to get the people to buy into the flat tax.
Step two is to convince them that the income tax is immoral and counterproductive and needs to be replaced with a consumption tax.
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.
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Send treats to the troops...
Great because you did it.
www.AnySoldier.com
(An entirely free service)
It's still a tax on the sweat of your brow.
There's nothing right about that.
Many countries have, or are considering, a flat tax: http://en.wikipedia.org/wiki/Flat_tax and that is the way to go.