Times are tough all over

[lookout123]

Originally Posted by BigV

That's appealing. What do you consider income? Wages, I imagine. What about interest and dividends and capital gains? What about entitlements, like social security or survivor benefits and annuities from the government?

Capital Gains is already capped at 15% in a very simple profit/loss calculation. Leave it alone.
Dividends and interest are already considered income and taxed at an individual's rate.

Social Security, survivor benefits, and annuities are income and should be taxed as such.

Of course, being the even tempered individual I am I also suggest that any lobbyist or politician who actually suggests deviating form the code to add deductions or credits for any reason should be executed on the spot and left as a lesson to those that would try to gain special status again.