NYcarbineer
Diamond Member
nFunny I just did an example with 2011 income and tax numbers and a revenue neutral flat tax would have only been 8.4%
That is funny. Because virtually every economist to review even 10% plans finds them woefully inadequate to cover our current revenue.
But again, what does it matter to you? You've said you don't care what the middle class and poor have to pay. And if the rich are getting a massive discount on their taxes, where does the revenue have to come from even in your imaginary 'revenue neutral' tax plan?
The poor and middle class. Who you insist should be paying far, far more than they do now. Which you insist will be 'fair'.
I just proved that for 2011 the flat rate of 8.4% on all income would have raised the exact same revenue so if you think a flat tax that is actually lower than the lowest current bracket of 10% is a "massive increase" then you and I speak different languages
you need to understand that the goal of all liberal tax plans is to punish the evil rich. said another way------------punish success and reward failure-----------its the liberal way.
create incentives to stay poor and dependent on momma government.
And your goal with taxes is to increase the gap between rich and poor by shifting the tax burden away from the rich towards the poor.
of course not, but that is exactly what has happened over the last 7 years under obozo the Kenyan clown prince.
If so it's largely because the Republicans blocked letting the Bush tax cuts expire, that coupled with economic forces no president has any control over.