U.S. Wealthy Paying Higher Tax Share Than Many Socialist Countries

[jem]

Your way is a big improvement... but I still doubt the need for personal income tax. the fed borrowing and income tax came together.

I say eliminate personal income tax and cease borrowing and cap spending til we have a surplus.

I prefer to pay off the debt at once, eliminate borrowing, eliminate personal income tax, charge corporate income taxes on domestic corps who pay their taxes or put a vat on others.

Quote from Optional:

It's so simple. 15% income tax, with 5% going each to city, state and Federal.
And then - Consumption taxes.
You wanna hit the rich? Hit em when they buy shit. Look at Singapore. It costs money to spend money. Great system. Not perfect but better than the stupid tax law today.

If any of the loser candidates had balls or brains or cared about the future of the US they would make a radical move like this.