Message Font: Serif | Sans-Serif
No. of Recommendations: 0

Harry I love ya but unless you are filthy rich

Thanks man, and no I'm not filthy rich. That's why I made no mention of only income tax. My proposal was more a 20%  rate for all taxes paid. (seems to me the rich would actually be paying their fair share under this arrangement, Corporations included no more hiding the cash overseas) Right now I pay a much higher tax rate then millionares and billionares, with the influx of cash, my theory is we would be sitting pretty.

I understand this would be a logistical nightmare at the beginning as it would probably be quite confusing, and I'm sure government would muck it all up.

But I can dream, can't I ;)

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.