Comment: tax code should be simple. flat tax is good idea and should be tied to all income level. tax should be as percentage of income. percentage should be proportional to the income whether individual or corporation - as income go up, tax percentage should increase. range of income to be taxed should be narrow and the percent allocated in small portion. use a 45 degree curve, x-axis as income and y-axis as percentage both from zero. eliminate the current system where the tax burden falls on the majority of middle and low income group. loopholes used by the rich and corporations accounting not readily available to the majority to be eliminated. as saving cost, filing tax every year should be eliminated as tax will taken automatically as income is dispersed. no more bureaucratic internal revenue except for those as needed and the complicated tax code. imagine the trillions that can be saved. |