Talk of The Villages Florida - View Single Post - Income Redistrubution
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Old 10-21-2008, 09:31 AM
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I would like to explore the flat tax rate options. Part of the issues with the tax rates are all the exemptions. Hardly anyone pays at the rate their gross income would suggest. And that goes for business also.

When to get to the lower incomes, except for children, they have less exemptions. And therefore pay at almost the full percentage.

The was a report that tax attorneys are already offering off shores packages to hide income from the tax man if the rates go up.