The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  Re: Investment Income Surtax Date:  12/3/2012  8:43 AM
Author:  TMFPMarti Number:  117051 of 127753

a flat 10% tax rate that everybody pays.

10% of what? The vast majority of tax law is devoted to defining income. Unless we're talking about a gross receipts tax there's little simplicity in a "flat" tax.

Rule Your Retirement Home Fool
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us