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TGB! is Offline
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Posts: 2,644
Join Date: Dec 2003
   
Default 07-02-2004, 12:35 AM

[quote:1ec71]I wish we did have a flat tax rate, but for whatever reason, we dont and no other admin i can think of has every implemented one.[/quote:1ec71]

Get the fuck out of here. A flat-tax rate sounds great, but the government would be fucked in less than a decade:

Lets say the flat-tax rate was. . .oh 20%. We can assume folks making what less than 20-25K wont be taxed cause that would just kill them. Who benefits? The working schlub? Maybe. Wanna know who REALLY benefits; the small minority who pay nearly HALF of income taxes. Yes folks HALF. The rich would nut their pants over a 20% (or less as I've heard) flat tax. Not suprising who used it on his "campaign platform": Forbes. Yea hes not associated with money.
  
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