Quote:
Originally Posted by BaltimoreSkins
I agree that democrats are equally to blame. Both of them serve their corporate overlords and their big donors. When I hear things such as huge increases in campaign contributions I know it just means bought favors.
I however am not sold on the flat tax just because 25% (going with the example) to someone making 51K is a much bigger impact than some one making 200k. I don't have the answers. While I have been told I am aesthetically pleasing to look at I am not nearly handsome enough to be a politician.
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A person making 51K under that proposal would only pay $250.00 in federal income tax (nothing on 50k, 25% on 1k).
A person making 200K would pay $37,500 (25% on 150k).