SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: KyrosL who wrote (9691)9/26/2006 6:56:44 PM
From: Metacomet  Read Replies (1) | Respond to of 219591
 
Any permitted change to a tax formula merely opens it to political wheeling and dealing.

If you allow a congress whore person latitude to make any exceptions, we will soon be back where we are now.

Levy a 5% income tax on every dollar of income.

Rigidly define income as all money that is income.

Capital gains, inheritance, wages, interest, fees, dividends, Social Security, corporate receipts, you know, income.

Take it from the first dollar earned for a babysitter to the last dollar earned by Bill Gates.

Then cancel all the other revenue schemes, the IRS, and figure out how to spend the increased revenue....