Talk of The Villages Florida - View Single Post - Progress is slow, but going in the right direction
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Old 07-15-2023, 07:39 AM
retiredguy123 retiredguy123 is offline
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Quote:
Originally Posted by Rich Iwaszko View Post
Simplify reporting for the wealthy. Create a 5 line tax form for them. Name, SS#, address, occupation, income. Take that income times 33% and thats your tax liability. Billions more will come in and a 6th grader could check it. Its all about too many deductions.
Leave those for the middle class.
How would you define income? Would a restaurant that has $1 million in gross sales have to pay $330,000 in taxes?