Quote from ProfLogic:
A flat tax would be a wonderful thing. No loop holes and everyone including corporations pay their fair share. I had a long discussion with Steve Forbes recently and his ideas along those lines are gaining solid bipartisan consideration. We can only hope it comes to fruition in our lifetime.
Your 30% figure is way off base though because those individuals that make over $400K pay far less than that. Proportionately the middle class pays the greatest percentage of their intake to taxes which isn't fair.
Agreed. Most of us dont mind paying taxes. Its the double penetration action...wait let me re-phrase that. The gang banging we take in dozens of levels of taxation that is a travesty. Why not implement a 25% flat rate instead of income tax? Because then politicians couldn't keep spending like drunk sailors (no offense meant to my dept of the Navy buds
)And not hide under layers instead of full transparency.