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Originally Posted by RawAlex
The number "23%" is just a number.
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It has to be close. He wouldn't say 23% if it only needed to be 15%. They've done enough studies on this already and the number is in fact 23% what is need to eliminate the income tax.
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Yes, flat taxes do put pressure on the poor, but it gets back to the old trickle down theory - if the rich don't have to pay so much in taxes, they will have money to invest and put into actually doing things, which should raise employment and therefore over time improve the lives of the poor.
See Ronald Reagan, trickle down economy (aka Voodoo Economics).
The change would be shocking, which is why it would never happen, but the ends results would likely be quite good.
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We know that's crap. How come we still have poor people. If I won $100 mil int eh lottery I'm not giving some poor fuck a job. There goes that theory.