The Motley Fool Discussion Boards

Previous Page

Politics & Current Events / Political Asylum

URL:  https://boards.fool.com/wow-i-didnt-know-that-smay-the-flat-tax-actually-30465700.aspx

Subject:  Re: Today's Assignment for Leftists Date:  1/4/2013  8:29 AM
Author:  JediGALT Number:  1850826 of 2292017

Wow I didn't know that Smay.

The Flat Tax actually shows the warts of FAKES on both Right and Left.

Those on the Left whine that "the rich don't pay enough" can't stand it because if say, everyone paid a flat 20%... the guy making a million would pay $200,000...while the fellow earning $40,000 would pay $8,000. One would pay 200k, the other would pay 8,000....yet both defended by the same army, both using the same clean air, roads, etc.

Those on the Right who hate "welfare" would say bye-bye to all the corporate loopholes, personal deductions, etc.

And of course, those who worship government and the Ruling Class would be upset, because without the tax code, the government loses the power to do all sorts of things, be it peddle home buying or whatever.

JediG
Copyright 1996-2020 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us