Speaking of taxes........

[Happy Monkey]

Originally Posted by Hyoi

Hyoi: All plans have a minimum income level cutoff and provision for family size.

Well, there it is. Exemptions and progressive levels of taxation. Recognized as necessary in all flat tax proposals. And that's what we already have.

[Hyoi]

Originally Posted by Happy Monkey

Well, there it is. Exemptions and progressive levels of taxation. Recognized as necessary in all flat tax proposals. And that's what we already have.

How long has it been since you looked at a 1040 tax table? The "level of progressivity" in flat tax schemes is practically nonexistent in comparison. Have a look at the 1040 instructions. A flat tax form might, I say might, have 9-10 lines. Post card size including instructions. No tax tables.


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