Subject: Tax Reform Comment: You have heard it a thousand times. Go to a flat rate tax, with NO exemptions, deductions of any kind. Individuals and companies would be taxed at a rate of about 10% on gross income/sales. Get rid of all the loopholes in the tax laws, and make companies pay taxes on gross revenue with no deductions of any kind. Doing the above would put so much money in the til our government would be in the black in no time. To many loopholes. |