08-03-2009, 08:25 AM
|
|
|
Too lazy to set a custom title
Industry Role:
Join Date: Jan 2001
Location: God's right hand
Posts: 19,782
|
Quote:
Originally Posted by DateDoc
10% flat tax on income over $50,000 and no deductions.
Make $40,000 you pay $0
Make $75,000 you pay $2,500
Make $125,000 you pay $7,500
Make $1,000,000 you pay $95,000
This should also be the tax rate for corporations.
Eliminate estate tax.
Eliminate capital gains tax.
|
corporate taxation is the biggest boondoggle ever.
__________________
I'm not a dinosaur, I'm a crocodile. I've seen dinosaurs come and go and I'm left unimpressed.
|
|
|