Subject: Flat tax Comment: A flat tax would make all of our lives so much simpler and we would know right away what our "tax burden" would be at the end of the year. However, I think that we must consider income levels with the flat tax...ie, incomes under $100,000 pay 5%; incomes $100-200,000 pay 7%, etc. And, you may want to consider a lower flat rate (or no tax) for interest and dividends earned by lower income households in order to promote savings. |