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jsarno · 04-19-2007, 02:48 AM

Watch, it's simple...charge everyone the same percentage. Let's call it 20%.
So here is the example:
1mil / year = 200k in taxes
200k / year = 40k in taxes
100k / year = 20k in taxes
75k / year = 15k in taxes
50k / year = 10k in taxes
25k / year = 5k in taxes

You take it directly out of the paycheck and no exceptions, and poof...no April 15th, no complications etc. Of course that is about as simple as you can make it.

04-19-2007, 02:48 AM	#4
jsarno Franchise Player Join Date: Mar 2004 Location: 31 Spooner St. Age: 50 Posts: 9,534	Re: Time for a flat tax Watch, it's simple...charge everyone the same percentage. Let's call it 20%. So here is the example: 1mil / year = 200k in taxes 200k / year = 40k in taxes 100k / year = 20k in taxes 75k / year = 15k in taxes 50k / year = 10k in taxes 25k / year = 5k in taxes You take it directly out of the paycheck and no exceptions, and poof...no April 15th, no complications etc. Of course that is about as simple as you can make it. __________________ Zoltan is ZESTY! - courtesy of joeredskin