Whats Fair When it Comes to Taxes?

[mlmpetert]

Originally Posted by saden1

No one likes the IRS, including me, but we all have to do what we must.

Bottom line is a lot of people want simplicity these days but they also want the ability to do some deductions and take tax breaks. I dont know how you simplify that. Shiit, I want more deductions not a simpler process.

The only thing i love more then a deduction is a credit, and if its refundable im really smitten. But I would be happy with having a simple incentive free tax code as long as it was fair. Fair to me means everyone pays the same percentage on all their income (earned or otherwise) less charitable donations.

In your opinion would it be fair to treat everyone equally and charge them the same percentage? Do you think its currently fair that only half of us pay federal income taxes?