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Filed: Citizen (apr) Country: Ukraine
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Posted

The flat taxes I have seen before are anything but. I suspect this will be the same. It will be full of lopholes, exemptions, deductions and will end up being just a single "tax bracket" for the current broken system. Now THAT would be something to benefit only the rich.

we will see. wanna bet?

Perry is just too much a "politician" to really go for this. Cain's proposal is, in essence, a true flat tax with a sales tax component to reduce the income tax component.

Cain's plan could just as easily be a true flat tax with no sales tax, or a true FAIR TAX with no income tax.

VERMONT! I Reject Your Reality...and Substitute My Own!

Gary And Alla

Filed: K-1 Visa Country: Russia
Timeline
Posted

The flat taxes I have seen before are anything but. I suspect this will be the same. It will be full of lopholes, exemptions, deductions and will end up being just a single "tax bracket" for the current broken system. Now THAT would be something to benefit only the rich.

we will see. wanna bet?

Perry is just too much a "politician" to really go for this. Cain's proposal is, in essence, a true flat tax with a sales tax component to reduce the income tax component.

Cain's plan could just as easily be a true flat tax with no sales tax, or a true FAIR TAX with no income tax.

This is the main reason I can't get excited about a Flat tax, there will always be exceptions and loop holes, one you open up a Sales tax revenue stream on top of it, look out!

type2homophobia_zpsf8eddc83.jpg




"Those people who will not be governed by God


will be ruled by tyrants."



William Penn

Posted

And this is news because...why is this news? Perry has about as good a chance at winning as Mickey Mouse.

sigbet.jpg

"I want to take this opportunity to mention how thankful I am for an Obama re-election. The choice was clear. We cannot live in a country that treats homosexuals and women as second class citizens. Homosexuals deserve all of the rights and benefits of marriage that heterosexuals receive. Women deserve to be treated with respect and their salaries should not depend on their gender, but their quality of work. I am also thankful that the great, progressive state of California once again voted for the correct President. America is moving forward, and the direction is a positive one."

 

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