A flat tax. That's where we should be. A flat 5% on all income. Period. The wealthy will pay more because 5% of a $billion is a lot more than 5% of $100,000.00. The poor would pay their share just as the wealthy. Tax returns could be done with a post card.
Will NEVER HAPPEN! The current tax system favors the wealthy elite and massive corporations.
A flat tax. That's where we should be. A flat 5% on all income. Period. The wealthy will pay more because 5% of a $billion is a lot more than 5% of $100,000.00. The poor would pay their share just as the wealthy. Tax returns could be done with a post card.
Will NEVER HAPPEN! The current tax system favors the wealthy elite and massive corporations.
VAT taxes are used in Europe, as things are built up, each stage is taxed per the value added. End item VAT taxes are sales taxes where the item is taxed at full value.
Your description of the flat tax is right on.
Post card. Sales minus cost of production = income.
Multiple by .05, send it in.
A good question, why do military types pay taxes? Also, if you have paid taxes for social security throughout your life, why do you have to pay again after retirement?
How do you calculate consumption?
A flat tax. That's where we should be. A flat 5% on all income. Period. The wealthy will pay more because 5% of a $billion is a lot more than 5% of $100,000.00. The poor would pay their share just as the wealthy. Tax returns could be done with a post card.
Will NEVER HAPPEN! The current tax system favors the wealthy elite and massive corporations.
VAT taxes are used in Europe, as things are built up, each stage is taxed per the value added. End item VAT taxes are sales taxes where the item is taxed at full value.
Your description of the flat tax is right on.
Post card. Sales minus cost of production = income.
Multiple by .05, send it in.
A good question, why do military types pay taxes? Also, if you have paid taxes for social security throughout your life, why do you have to pay again after retirement?
No taxes on income, period. All the games come from that.
Trump has declared that a goal.