DC Al Fine
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Posts: 14,080
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« on: January 25, 2013, 09:59:03 AM » |
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1) Cut corporate income taxes to 0%
2) Create a 0% income tax rate for all dividend, interest capital gains income below a certain threshold (say $75 000 for the sake of argument)
3) Raise taxes on dividends, interest, and capital gains income above the threshold to actually tax the rich.
4) Eliminate income tax deductions while lowering rates to make it revenue neutral.
5) Put in a small VAT of about 5% with exemptions for things like milk, bread etc.
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