Quote:
Originally posted by stocktrader23
There are no write-offs. Tax as we know it would end. You would keep every penny you made and only pay taxes when you purchase something. It's simple, efficient, and from what I can see a damn good replacement for the monster we have today. No more gov. chasing down people for tax evasion, doing audits, etc.
|
So how do rich people pay more taxes than poor people? It sounds like a flat sales tax rate. Not all rich people buy a lot more than poor people.