Tax Reform

[*TheLeonardLeap*]

Flat 10% federal, 5% state income tax regardless if you're a person or a corporation. No sales taxes, no deductions for charity or dependents, no tax brackets, none of any of that.

If you made money that year, regardless of how (be it job, lottery, inheritance, stock market), 10% goes to the federal government, 5% goes to the state government. Done. The paperwork your tax filing would require would be the size of a postcard, and literally anyone could do it for themselves. There would be no space for loopholes.

Make up some of the money on tariffs, but mostly just cut spending across the board. Stop foreign aid, stop world policing, and force the governments to live within a budget.


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(09-15-2017, 09:51 PM)Nebuchadnezzar Wrote: What I want to see is taxes raised across the board.

It will hurt for a while but it needs to be done. Families have to live within their means, drop the Internet, drop cable, buy hamburger and buy small cars. 

Force everyone to live in a joyless life without entertainment, where every day is just waking up and going to work in order to give the federal government all your earnings before going home to stare at your blank wall while eating a bowl of rice, before going to bed once it's dark in order to repeat the day all over again.

That sounds like a real great country you got planned there.