The only people I hear proposing a flat tax are people who are already well off. They state that it will benifit the poor, but I can honestly say if they actually took taxes out of my pay my family would starve to death. And if anyone thinks that just because others no longer have to pay a high tax rate that the cost of living is going to go down, I have some ocean front property in Arizona to sell you. All that will happen is the fat cats will pad their wallets with the extra income and the prices will continue to soar out of site. A flat tax is simply yet another poor tax. What we need is to revamp the current system and close the loopholes that allow the rich to pay no taxes at all and start collecting the income tax that their bracket actually should be paying.
The only people I hear proposing a flat tax are people who are already well off. They state that it will benifit the poor, but I can honestly say if they actually took taxes out of my pay my family would starve to death. And if anyone thinks that just because others no longer have to pay a high tax rate that the cost of living is going to go down, I have some ocean front property in Arizona to sell you. All that will happen is the fat cats will pad their wallets with the extra income and the prices will continue to soar out of site. A flat tax is simply yet another poor tax. What we need is to revamp the current system and close the loopholes that allow the rich to pay no taxes at all and start collecting the income tax that their bracket actually should be paying.