Quote:
Originally Posted by SunnySide
^^ projected 2021 tax bracket.
Ted Cruz suggested a 10% flat tax ... how would that work? Id pay maybe 5k less in taxes .. Kanye West would pay 5 million less in taxes.
Im not an anti flat taxer, I just dont see how it would work. Seems countries like Estonia and Ukraine use a flat tax but the US?
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It would have to be higher than 10%, that's for sure. I'd imagine somewhere between 15-20% would be the landing spot.
I'm fine with people paying less in taxes. I want everyone to keep as many as their dollars as possible. As long as the system isn't gamed for cheating.