Quote:
Originally Posted by fast4522
Every business who takes a huge loss this year is currently eligible going forward in years to come to to offset that loss right? We are all familiar with that one because of our President right? The point is all of these deductions are OK because they support the system right? A new system of the flat tax probably would not include many of the old systems deductions, but with the flat system everybody pays. This is not where we are going, but I think what will be is something that will provide the middle class some relief. In the end down the the road the flat tax will be more appealing after this transition. In my opinion we are going to make a few stops along the way. Anything that provides relief to the middle class is just fine, but cuts in service is mandatory. This mindset of thinking we can have both is not only uneducated but also very corrosive. Consider this, 30 Trillion in national debt will bring war the likes of which the world has never seen. If you have kids and grandchildren wrap your head around that reality.
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Not sure I can agree with ANY of that.
The "Tax Plan' on board has been long debated. Flat Tax everybody, with essentially no exceptions.
Everybody gets a tax break. How anybody is bitching is laughable. Middle class get at least an 8 to 13% break.
The real question at hand is whether it can really happen.
