To: DTxAg
How long do you think it will be before that 9% for "the rich" becomes 10%, or 11%, or 12%?It's not a graduated tax. It's a flat tax. There aren't special higher rates for "rich" and special lower rates for "poor". Everyone pays the same.
So when congress tries to raise the rate, they won't be able to target just a small percentage of the people like they can now, they'll be raising the rate on *everybody*. That will be an infinitely harder task than it is now.
73 posted on
10/14/2011 7:32:29 PM PDT by
kevao
To: kevao
It's a flat tax. There aren't special higher rates for "rich" and special lower rates for "poor". Everyone pays the same.
So when congress tries to raise the rate, they won't be able to target just a small percentage of the people like they can now, they'll be raising the rate on *everybody*. That will be an infinitely harder task than it is now.
No, since 9-9-9 is just a law, not a constitutional amendment. Nothing prevents Congress from increasing the income tax on "the rich" or anyone else.
74 posted on
10/14/2011 7:35:08 PM PDT by
DTxAg
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