Quote:
Originally posted by broke
I can't believe that we still don't have a flat tax.
Based on 2001 returns at flat tax rate (based on earned income without any loopholes or deductions) of 15% across the board would actually increase the amount of imcome tax collected.
I still can't comprehend how Russia beat us to a flat tax system.
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primarily because of corporations that pay less taxes via deductions and loopholes than they would pay if there was a flat 10% tax.