Do you support a Flat Tax?

[Grumpier Than Uncle Joe]

No, and it will never happen anyway, so the issue is entirely theoretical and moot. It is sweet that so many around here want to give me a big tax cut though.  I promise if the impossible happens, to use the extra cash I get wisely.

Who said they want you to pay less.....most of what I see is they want a high flat rate on owners (riches) so you can't find all the deductions to reduce what you pay, and a low to no flat rate on poors and workers.

[Grumpier Than Uncle Joe]

No, and it will never happen anyway, so the issue is entirely theoretical and moot. It is sweet that so many around here want to give me a big tax cut though.  I promise if the impossible happens, to use the extra cash I get wisely.

Who said they want you to pay less.....most of what I see is they want a high flat rate on owners (riches) so you can't find all the deductions to reduce what you pay, and a low to no flat rate on poors and workers.

I guess it is semantics then. To me, if you have more than one rate, it ain't a flat tax. You are suggesting at least two rates.  One popular alternative, is to have a zero tax up to a certain income, and then a flat tax on the balance (maybe that is what you had in mind). That of course means that I would be at the same marginal tax rate (albeit I would pay a higher average rate since a higher percentage of my income would be subject to tax) as some chap making 50K perhaps. That seems ludicrous to me - just ludicrous.

People are tired of a tax code which is longer and more complicated than the bible....ludicrous or not, especially one which the riches sometimes pay less than the workers.