Quote:
Originally Posted by jsarno
Watch, it's simple...charge everyone the same percentage. Let's call it 20%.
So here is the example:
1mil / year = 200k in taxes
200k / year = 40k in taxes
100k / year = 20k in taxes
75k / year = 15k in taxes
50k / year = 10k in taxes
25k / year = 5k in taxes
You take it directly out of the paycheck and no exceptions, and poof...no April 15th, no complications etc. Of course that is about as simple as you can make it.
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LOL! Can you even comprehend what devastating impact 5k in taxes would do to the first year teacher, farmer or factory worker's ability to even attempt to provide basic food/clothing/shelter for his/her family?
04-19-2007, 02:40 AM
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