Quote:
Originally Posted by Guest
Where did you come up with 39% over $50,000.? You are not in the same ballpark.
2015-2016 Tax Brackets | Bankrate.com
Flat tax has a lot of no's. This biggest no is that it makes "no"sense.
If you can't deduct your mortgage interest, and property tax, the housing market would fall apart. You would have armed rebellion against the government, and for good reason.
You keep on bringing this up. One simple question are you going to tax businesses on sales instead of their net income?
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Sales tax is the only solution. It's fair for everyone. And it works. Florida is an example of it working.