Originally Posted By: sini
I would support flat tax if first 25K of all income (inflation-adjusted) was excluded from any taxes.


the only serious proposal i read was personal deduction 25k, family of 4 60k (i think) 17% on everything after that

whoops. that was steve forbes back in 2000 i think

ok here we go http://www.pbs.org/newshour/bb/congress/forbes_flat_tax.html

it doesnt say what the personal is, but a family of 4 has a 36k deduction. it should probably be higher.

on a related note, this study needs to be redone. http://www.cato.org/research/pr-nd-st.html

Last edited by Cheerio; 10/25/12 04:01 PM.
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