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To: Wuli
I would prefer to replace the “progressive” income tax with a single, universal FLAT income tax rate, that would apply to everyone, and everyone’s income, with no deductions, no exempltions, no exclusions and no credits.

Take a look at the "Fair Tax". It does essentially what you are asking for, and it's all handled at the cash register. No forms at all to file (not even a flat tax post card!)

It even includes a built-in "pre-bate" that serves as a kind of "Universal Basic Income", which should be a it with voters of all types! According to their math, the sales tax will be 23%. But, because its only paid by the end consumer, it balances-out the previous taxes currently embedded in the whole rotten system. And did I mention that there's no paperwork? ;-)

https://fairtax.org/active-legislation/h-r-25-the-fairtax-act-of-2023

74 posted on 06/13/2024 7:14:24 PM PDT by GizmosAndGadgets ( Government big enough to take away your light bulbs is big enough to do any damn thing it wants to.)
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To: GizmosAndGadgets

Another tax break for the rich.


88 posted on 06/13/2024 8:43:37 PM PDT by Kathy in OC
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To: GizmosAndGadgets

Not sure why you want to replace one form of government theft with another. The “Fair Tax” sucks ass.


112 posted on 06/14/2024 5:21:36 AM PDT by dinodino ( Cut it down anyway. )
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