[Rhodes22-list] Flat Tax

[Brad Haslett]

Rik,

The devil is always in the details.  You are right, I'm not an expert
despite having a degree in accounting and a bit of experience with tax
accounting.  The last version of the flat tax I saw floated stated that
anyone who earned less than 50K per year paid no taxes.  If you look at the
current tax payer distribution, 20% paid 80% of the taxes anyway.  A flat
tax is no different.  Now as to the second part of your comment - will the
Congress learn to live off of less money?  Only if they are starved!
Correct my memory of history where I'm wrong, but I think most of the
immigrants who came to this country did so for the opportunity, not the
government  promised free ride. You can't escape the old conundrum,  "a
government that can give you everything can take everything away".

Your mileage may vary!

Brad


On 10/19/07, Rik Sandberg <sanderico1 at gmail.com> wrote:
>
> Brad,
>
> Wow, that would be cool! BUT, I can hardly imagine that their income
> figures would only include wages, salary or pensions. "Unearned" income
> doesn't count?? What about S/S? The calculator doesn't do much of a job
> of explaining just exactly what kinds of income count.
>
> Yeah I know, you're probably not an expert on this either, but I'm
> having a hard time imagining paying the $0.00 dollars in tax that the
> calculator figured for me Don't get me wrong, I'm all for lower taxes,
> but if I'm paying nothing, I have to wonder who is paying ..... or is
> the congress miraculously going to figure out how to live on a hell of a
> lot less ......???
>
> Rik
>
> Brad Haslett wrote:
> > Want to know what you would pay with a flat tax?  Here's your
> chance.  Brad
> > (mine was pretty close to what I'm paying now but about 3 days less work
> to
> > figure out)
> >
> >
> http://www.cse.org/flattax/index.php?_kk=&_kt=1ee617d4-bbfd-4261-869e-83864f23cd65
> > __________________________________________________
> > Use Rhodes22-list at rhodes22.org, Help? www.rhodes22.org/list
> >
> >
>
> --
> PK
>
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