The power to tax, is the power to destroy.
The “progressive” tax rate is straight out of the communist manfesto.
10% income tax, across the board, no exemptions, no deductions, no credits, no minimums. 10 cents of every dollar earned goes to the feds, and 10 cents on the dollar is all they get, period.
Post of the day. To hell with this tax bill and all others before it
Agreed. Including dividends and interest.
Do you know how much revenue that would raise, and if in turn, was a viable option?