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| Parking Lot Off-topic chatter pertaining to movies, TV, music, video games, etc. |
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04-19-2007, 01:48 AM
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#11 |
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Franchise Player
Join Date: Mar 2004
Location: 31 Spooner St.
Age: 51
Posts: 9,534
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Re: Time for a flat tax
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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