im not married to any particular plan, but yeah im fine with that. i think it would be a big improvement.

rand proposed something similar awhile back, 14.5% flat with the first X amount not getting taxed at all.
I thought that was pretty good too.



This post was edited by cambovenzi on Dec 2 2017 10:53am

that's not a flat tax, putting in any kind of exemption makes it a progressive tax plan

Senate tax bill accomplishes major Obamacare repeal goal

https://www.reuters.com/article/us-usa-tax-healthcare/senate-tax-bill-accomplishes-major-obamacare-repeal-goal-idUSKBN1DW07T







Good show....Senate.

The irony of celebrating other people's wins at the costs of your own self interests

#capitalismfooled

The irony of assuming that I am in ANY way affected by this. ^^

the irony of being a doucher claiming its not in their best interests while being ignorant of the policy yourself

#lowIQsocialists

Let's not kid ourselves, a good chunk of the senate themselves are still ignorant to the plan and policies contained

My statement is not specific to this latest act

I dunno...I would bet the Senate knows wtf is going on. However, I would also bet that most of the folks, up in arms about the new tax bill, and still defending Obamacare...do not know wtf is going on.

This post was edited by Ghot on Dec 2 2017 02:33pm

The lower you drive taxes for the wealthiest individuals, the more those funds stagnate. A stable and healthy economy relies heavily on the circulation of funds. It doesn't rely heavily on two or three mega organizations making mass profits. 65% tax rate is plenty fair when we are talking about billions of dollars in gains and wanting to avoid frequent events where economies are brought into turmoil. Whether we are talking about individuals or organizations, the wealthier they are... the more money they are sitting on and keeping out of circulation which in turn results in less taxes being collected to be spent elsewhere.

This is the reason why stimulating an economy by giving the poor and middle class population a "pickmeup" is so effective for everyone involved.

@your flat rate fee, as stated above, the wealthy make far more in percentile than the average Joe. It wouldn't work because of reasons ^ there among others. As for buying products elsewhere, this is where import fees come from and of course other regulations we can come up with to ensure a stable economy.

and if you are so curious ;3 I also believe in breaking up these large corporations BACK into many smaller ones to ensure the healthy competition they crushed for greed and self interest.



They are busy sucking up to their rich donors and going on vacation. They just pass the bills the corporation's lawyers write up for them.

This post was edited by Mewi on Dec 2 2017 03:43pm

I have always thought this was the best way to go, but only as long as there is no deductions or write offs, just the flat 15% tax rate and no way to offset it.