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Over-Taxed-R-Us : Most Voters Want Fair and Equitable Taxes and LessGovernment Spending and Debt
On Nov 10, 10:43 pm, m II wrote:
- - On 10-11-10 05:17 PM, RHF wrote: - - IMHO Flat-Tax+Plus is the Fairer Tax for - - All Poor, Middle and Rich : Less Paperwork - - for the 90% and More Revenue from the 10% - Won't work. Mike [M II], Anything will Work with the Full Force of Law and the Mighty Authority of the US Federal Government behind it [.] USA Circa 2000 : The USA is a Net Importer of Goods; and for a Nation that is a Consumer Nation a Flat Tax System based on Point of Sale : Levies the Same 'Equal' Tax on both Imported and Domestic Goods. Thus Imported Goods Pay Their Fair Share of the Cost of our American Society and US Government. USA Circa 1900 : The old Income System served the USA well when the USA was a Net Exporter of Goods; cause for every Exported Item Sold Overseas there was a [Hidden] Tax based on the Cost of Production which included the Salaries {Income} paid to produce it; and the Taxes paid on those Salaries. Flat-Tax+PLUS : {What's The 'Plus' ?} The PLUS Part of the Flat Tax System recognizes that beyond a certain level of Consumption; the Rich/Wealth do not pay their equal and fair cost of supporting and maintaining our American Society and US Government. So above a certain Income level the High Income Earners* Pay a Flat Tax that is equal to the National Single Point-of-Sale Sales Tax. * Average USA Individual Income $50K -so- The Flat Income Tax would start at Five Times [5X] that amount $250K on Individual Incomes with No Deductions. -note- NO Joint Returns So whatever the National Flat Sales Tax Rate is : The National Flat Income Tax Rate would be Double [2X]. * National Flat Sales Tax Rate = 10% / 15% / 20% -then-double-two-times- * National Flat Income Tax Rate = 20% / 30% / 40% |
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