Quote Originally Posted by catherine View Post
I am not sure about the flat tax. As IL says, I'd have to see what it means in real life. But I still go Biblical on this one "To whom much is given, much is expected," and I really don't think that a flat tax would be fair, or pay the bills. Not fair because if you have someone with an annual income of $100,000 at 10% they pay 10,000. That would impact their daily choices. If you have someone making 1,000,000, that's $100,000 in tax. I do not believe that they would have as much of a challenge achieving prosperity with $900,000 as someone making $90,000. And then what about the multi-millionaires and billionaires... I have to believe that some form of progressive tax is the most fair way.
That also makes a lot of sense. Maybe pay not tax, like now, under a certain point, and then a flat tax? Just throwing out ideas, but what you say does make a lot of sense.