[Rhodes22-list] Flat Tax Anyone?

[Slim]

Dammit, Bill, I'm a musician, not a miracle worker!  (Star Trek reference)
I suspect you want an answer that is more detailed than I can provide.
You're far more qualified to answer than I so why don't you take a stab at
it?

Slim

On 1/14/07 1:00 PM, "Bill Effros" <bill at effros.com> wrote:

> Slim,
> 
> How would this flat tax work?
> 
> Bill Effros
> 
> Slim wrote:
>> This may come as a shock but I agree with Ed--sort of.  When someone works
>> hard, starts a business, creates jobs, successfully produces goods or
>> services and tows the line of the American Dream, the more successful he is
>> the more he is taxed.  It's to the point where he's expected to cough up
>> half his money.  Half!  Further, he doesn't have to be Uber-rich to reach
>> that tax bracket.  And that's just income tax.  It's a wonder any small
>> business can make it in Minnesota where the cost of doing biz is higher than
>> most.  In fact many small and large businesses are indeed pulling out and
>> setting up shop in Wisconsin--still high costs but not as high as MN.
>> People complain about tax breaks for the "rich" without considering their
>> tax burden in the first place.  Do we really need to put Willie Nelson
>> behind bars because of tax evasion?  He went bankrupt digging himself out.
>> After all, hooch (biz expense) is very expensive these days.  Should Willie
>> really owe the country millions of dollars or does the country owe him?  In
>> Ireland, for example, artists (in the broad sense of the word) pay no income
>> tax at all.  But I digress.
>> 
>> Couldn't we end all the bickering by changing to a flat tax for all?  At the
>> very least it would make for a much easier tax form and much less work for
>> accountants, auditors and the IRS which would save everyone mucho dinero.
>> 
>> Slim
>> 
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>>   
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