[Rhodes22-list] Flat Tax Anyone?

[Bill Effros]

Slim,

There have been a dozen emails in this thread talking about a flat tax, 
and how much better it would be, but I have never seen a definition that 
makes the slightest bit of sense.

People are always in favor of taxing schemes that cost them less while 
bringing them a greater percentage of the tax revenues.

The flat tax is no exception.

Everyone is for it, but no can can state how it would work.

Bill Effros

Slim wrote:
> 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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