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IRS: Nearly 1,500 millionaires paid no federal income tax in 2009
#59
Dakota wrote:
I agree with you on this, Ted. The complexity of today's tax code is not finding out how much you owe. It is just a table look up. The complexity is arriving at Line 43 on Form 1040, your taxable income. I am for the flat tax if it makes all people pay some income tax(and I am supposed to be against all taxation, am I not?). Although most flat tax proposals still have deductions of various sorts.

I understand people being for a flat tax for reasons other than simplification - I don't agree with it, but I can understand it. I just don't want people in general fixing in their minds that if they want a simple tax system that the only alternative is a flat tax, but I'm afraid that is the direction the political narrative/conventional wisdom will go.
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Re: IRS: Nearly 1,500 millionaires paid no federal income tax in 2009 - by Ted King - 08-10-2011, 01:35 PM

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