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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (341620)6/28/2007 5:58:36 PM
From: longnshort  Respond to of 1577883
 
What will they do with a flat tax?? they will start at 15%(and take away all the remaining deudctions) then they will raise it to 20% then 25%. Then they will say that's not fair. So they will lower it to 15% and re-start tax rate based on income.

So in a couple of years we will have the same tax rates as now, with a 15% flat tax on top of that and no more deductions