04-15-2015, 10:58 PM
What Speedy said. The highly regressive flat tax is by far the best way to enrich the already rich 1% who are powering our economy by harvesting their investments and to confiscate the hard-earned undeserved money that the middle class earns through hard work.
Watch Fox News much? You seem very confused and are talking out of both sides of your mouth. The presence of loopholes and tax deductions has nothing to do with whether a tax system is progressive or regressive (flat tax). Loopholes and deductions have been installed (by the rich folks who would love to have a flat tax system) to make the tax system less progressive, not more so.
Buck wrote:
Flat tax is a great answer. The progressive tax system is grossly unfair. Loopholes, or tax deductions, need to disappear.
Watch Fox News much? You seem very confused and are talking out of both sides of your mouth. The presence of loopholes and tax deductions has nothing to do with whether a tax system is progressive or regressive (flat tax). Loopholes and deductions have been installed (by the rich folks who would love to have a flat tax system) to make the tax system less progressive, not more so.