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Old 07-08-2011
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randolph randolph is offline
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Although the "flat tax" is deemed regressive, in actual practice is it really? The wealthy have many ways of minimizing or eliminating their taxes that are unavailable to the lower incomes. I suspect a flat tax would vastly simplify the tax system and provide more income for the government. Everybody should support the government.
Eliminating the sales tax, which hurts low income people, would stimulate the economy and compensate somewhat for the flat income tax.
Yeah, I know, there are plenty of arguments against this.
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