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To: Alex Murphy

Correct me if I am mistaken but my understanding is that the Flat Tax is not middle class friendly. So why would any GOP candidate embrace it?


16 posted on 03/25/2015 8:12:59 AM PDT by ex-snook (To conquer use Jesus, not bombs.)
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To: ex-snook

Depends on the percent rate, of course.

The big trick here is removing the progressive tax, meaning, if you’re broke you don’t pay anything - but if you’re rich, you pay damn near everything. Those in the middle probably would not see a huge change to our wallet, but we’d see a huge change to our politics.

Progressive, “wealth redistribution”, whatever you want to call it, is not good for anyone, and is part of what led us down this road in the first place.

The flat tax is not as good as the so-called “fair tax” which is a consumption tax - it’s a percentage applied to goods purchased/sold, rather than based on income; but BOTH are “friendlier” than the current progressive tax. With a consumption tax, you determine how much tax you pay by how much crap you buy. Less crap, less taxes.


28 posted on 03/25/2015 8:29:19 AM PDT by TheZMan (I am a secessionist.)
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