I do not support the current tax code, but I have no problem with an income tax in general.
I think I would eliminate the income tax on corporations (at a minimum I would allow corporations a deduction for dividends paid). I would index capital gains taxes so as to not tax the gain attributable to inflation. I would eliminate the mortgage interest deduction, deductions and credits for children and other dependants, deductions for charitable contributions, and probably some other deductions and credits and lower tax rates to offset the increased taxes due to those eliminations.
I have no problem with an income tax in general.
lol....
What a shocker!
Such an odd statement for a conservative forum....
Did you know the federal and state governments just pull their tax schemes and regulations out of thin air?
Why is it Americans are gang raped to pay billions in income tax for border security, while our borders resemble a lawless Boston marathon of millions?
Can I charge government interest and demand to be paid back for services not performed?
You understand, the more income tax government confiscates, the larger, more bloated, more controlling it becomes?