“Will it make you feel better if your income taxes are simplified and you pay just 8%, 15% or 23% (TOPS)?”
Yeah, and how many years (minutes) before the Fed Gov’t start once again raising those tax brackets higher and higher. What’s to stop them from doing so. So, we take all the pain, and then the vicious cycle of raising taxes just begins all over again.
RE: What’s to stop them from doing so. So, we take all the pain, and then the vicious cycle of raising taxes just begins all over again.
Let’s add a requirement into law -— 2/3 majority REQUIRED to raise those tax rates in the future.