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Financial Planning / Tax Strategies


Subject:  Re: Investment Income Surtax Date:  12/3/2012  8:43 AM
Author:  TMFPMarti Number:  117051 of 124773

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.

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