as originally proposed by Steve Forbes in 1996, it wasn’t as simple as multiplying your income by a rate.
Forbes’ proposal was something like this:
* Singles are taxed 20% of any income above $24,000
* Married couples are taxed 20% of any income about $36,000
Of course people still need to determine — WHAT CONSTITUTES INCOME?
And that my friend, is where the IRS still comes into the picture.
And that my friend, is where the IRS still comes into the picture.
Exactly!