Talk of The Villages Florida - View Single Post - Fair Tax
Thread: Fair Tax
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Old 06-21-2016, 02:23 PM
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Default Fair Tax

Chances are that most of us are in the 22-28 percent tax brackets.

Mitt Romney in 2012 revealed he paid around the 15 percent range.

We have no idea of what percent Trump pays.

If WE have to pay in the 22-28 percent brackets, can anyone explain why some who make so many times more than US pay a lesser percent in income taxes?

Fair tax should mean the more you earn, the more you are taxed - up to maybe around 35-40 percent - and no money could be hidden in offshore accounts or phony corporations.