08-14-2011, 06:25 PM
Catfish- instead of a consumption tax, I think I have grown to favor a flat tax that everyone pays; poor, with children, corporations, everyone. That would put give every citizen some skin in the game increasing their awareness and prevent giant corporations like GE from receiving tax refunds because they spent money- on their own products, to receive tax credits. There's just no reason for giant companies to receive tax refunds but it is a result of the giant, overly complicated tax rules.
If everyone paid a flat rate from lowest paid to highest, the tax form could fit on a postcard. This would not solve the entire debt problem that we have created but it would be a start.
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If everyone paid a flat rate from lowest paid to highest, the tax form could fit on a postcard. This would not solve the entire debt problem that we have created but it would be a start.
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