Wednesday, June 24, 2009
On the Subject of Taxes
I still hold that the easiest and best way to make taxes more progressive and simple is to eliminate all deductions and to make the bottom tax bracket 0% up to somewhere in the range of $20-30k. On the state level the dollar value when taxes begin to kick in may be higher or lower. I also think that social security and medicare should be done the same way.
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3 comments:
Hell, you practically sound like Steve Forbes.....
Yea, except his whole flat tax thing is about as stupid an idea as is out there.
The simplicity of it is a big part of the appeal (like what you outlined). No deductions, and no groups pitted against each other.
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