Posted: Apr 24, 2005 By: Mary Cooper

Comment: People under $20,000 --No taxes due
People under $250,00 --10% of income
People under $500,000 -- 15% of income
People over $500,000 -- 20% of income
There would be no deductions for anything. It would be taken out of paycheck
or you would pay estimated taxes.This would eliminate the wealthy from using
loopholes, there wouldn't be any.