Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: apillar

There is that danger under any tax system — I’m old enough to remember top marginal income tax rates of 90% under the current system. So clinging to this current corrupt tax code isn’t going to protect you from greedy politicians increasing rates.

The beauty of 9-9-9 is that it is *flat*. Everyone pays the same, no loopholes, no deductions, no giveways. That means the rich and powerful will no longer be able to buy off politicians and get special deals written for them into the tax code.

True, 9-9-9 is flat only initially; it could easily bloat back into another corrupt code of loopholes and giveaways like we have now. If we let it. And if we do, then we deserve what we get.


49 posted on 10/12/2011 7:18:44 AM PDT by kevao
[ Post Reply | Private Reply | To 13 | View Replies ]


To: kevao
Everyone pays the same, no loopholes, no deductions, no giveways.

Well no. For example, if you're an individual and business in an "empowerment zone" (like an inner city), you can get lower tax rates and better deductions.
51 posted on 10/12/2011 7:20:24 AM PDT by DTxAg (The Presidency is not an entry-level position.)
[ Post Reply | Private Reply | To 49 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson