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To: rb22982
Pretend this deduction didn't exist today and then rationally argue for it over just cutting the statutory rate.

Simple, a rational tax system might only tax a person's discretionary income, much like a business is only taxed on its actual net income. In such a scenario, a taxpayer would not owe taxes on monies that they were required to pay to third parties, such as taxes, or required insurance premiums, or child support, etc.

The rate is independent of the question of what constitutes taxable income, conflating them is not beneficial to society, but helps politicians in their game.

137 posted on 10/28/2017 7:06:43 PM PDT by freeandfreezing
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To: freeandfreezing

Please define discretionary income, in numerical terms. The truth is, you can’t.


139 posted on 10/28/2017 7:12:33 PM PDT by rb22982
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