[Rhodes22-list] Flat Tax Anyone?

Bill Effros bill at effros.com
Sun Jan 14 14:00:54 EST 2007


Slim,

How would this flat tax work?

Bill Effros

Slim wrote:
> This may come as a shock but I agree with Ed--sort of.  When someone works
> hard, starts a business, creates jobs, successfully produces goods or
> services and tows the line of the American Dream, the more successful he is
> the more he is taxed.  It's to the point where he's expected to cough up
> half his money.  Half!  Further, he doesn't have to be Uber-rich to reach
> that tax bracket.  And that's just income tax.  It's a wonder any small
> business can make it in Minnesota where the cost of doing biz is higher than
> most.  In fact many small and large businesses are indeed pulling out and
> setting up shop in Wisconsin--still high costs but not as high as MN.
> People complain about tax breaks for the "rich" without considering their
> tax burden in the first place.  Do we really need to put Willie Nelson
> behind bars because of tax evasion?  He went bankrupt digging himself out.
> After all, hooch (biz expense) is very expensive these days.  Should Willie
> really owe the country millions of dollars or does the country owe him?  In
> Ireland, for example, artists (in the broad sense of the word) pay no income
> tax at all.  But I digress.
>
> Couldn't we end all the bickering by changing to a flat tax for all?  At the
> very least it would make for a much easier tax form and much less work for
> accountants, auditors and the IRS which would save everyone mucho dinero.
>
> Slim
>
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