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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (97571)7/22/2011 4:02:46 PM
From: Road Walker  Read Replies (2) | Respond to of 149317
 
>>>>Then do some kind of sliding flat tax with a minimum threshold.

I think a "sliding flat" tax is an oxymoron. I think what you mean is a progressive tax with no deductions.

I'll buy into that for families and individuals as long as it's the same for corporations. If you think individual taxes are complex and full of perverse incentives, you should look at corporate tax statutes. 100x.

You want to see the economy grow? Put a tax on idle corporate cash. Say 8%. They would invest that shit so fast it would make your head spin.