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oldsoftie

(12,555 posts)
2. Great; get rid of the tax code & start over. Its ridiculous.
Tue Mar 26, 2024, 07:28 PM
Mar 26

ALL real income should be treated the same. A minimum rate of "X" should be paid regardless of losses; they can be carried forward.to another year. Especially when things like depreciation aren't REAL losses at all.
If we did away with the nonsense we could raise more revenue with an even LOWER rate.
And we need a national sales tax to tax the TRILLIONS of dollars that the govt never sees because its not W2 or 1099
Or we can keep playing with rates & the same old shit and watch the Debt continue to rise out of control because too many people pay little or NO income taxes.

Latest Discussions»General Discussion»Tax the Rich Is Actually ...»Reply #2