Quote:
Originally posted by Marc De
I saw a number of times people commenting on 'tax breaks' for the rich. I don't know about everyone in my tax bracket but I know of quite a few that paid the same ~44% tax that I did. I also know of quite a few folks who earned significantly less than me that paid ~32% tax - Where is this advantage or break?
The US needs to go to a FLAT taxation system. If anything they penalize tax payers the more they make.
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Too true. Actually, the government will collect MORE revenues via a flat tax because there will be less loopholes. There will be less bullshit tax shelters and offshore tax haven scams.