Quote:
Originally Posted by crockett
I've always supported a flat tax on earned income then do away with the IRS completely. The only reason the tax code has been made so complicated, is so big corporate entities could get away with paying as little as possible.
If a flat tax was collected on all earned income, the tax rate for everyone would likely drop dramatically to something in the mid to high 20% range. The reason it's as high as it is now, is because so much money goes untaxed due to tax breaks so what is taxes has to be taxed harder.
Flat tax on sales on the other hand is bad idea, because it discourages buying.
Trump however is still a dumb fuck..
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I couldn't agree more.
With the current system, paying taxes is for suckers. I understand that most people have a nine to five job or whatever, work for a company, get a paycheck, and taxes are taken out. But most people fail to take advantage of the tax laws.
I write off everything I can. It's perfectly legal. You are foolish if you don't write everything off.