Quote:
Originally posted by Penske_Account
We should do away with the tax code. A simple flat tax at a set level, no deductions, no credits, no government induced market warping incentives or disincentives, no nothing. A 1 page filing:
Dear Secretary of the Treasury:
My SSN is xx-xx-xxxx. I made $x last year.
Attached is a check for $y, representing my tax obligation of z%.
Spend it wisely or else!!!
Sincerely,
Jack Taxpayer
I pray for President Bush to have the fortitude to lead us to such a promised land.
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In this promised land, does x include only wage income? Investment income? Alimony? Gambling winnings? Tips?
Just curious.
