I know that the thread title sounds boring, but oh well. :lol:
I think that America (and probably other countries too) should have a flat tax. This would mean that the government takes x percent of everyone's income equally and nothing else. That would be the only tax in existence, a flat tax rate at about 15%, give or take 5 percent. The reasoning:
As things are right now, you have to ask The Man for permission for everything business related. We need less taxation and less red tape to make things simpler.
I think that America (and probably other countries too) should have a flat tax. This would mean that the government takes x percent of everyone's income equally and nothing else. That would be the only tax in existence, a flat tax rate at about 15%, give or take 5 percent. The reasoning:
- People would not be taxed a higher percentage for innovation. This would mean that if you make more money you keep more money.
- Tax code is so damn confusing. We need a simple tax code, not a complex one where almost everything is taxed. You pay the government x percent of your income. Nothing else!
- It'd make people get up off of their rear ends and actually do something with their lives.
- People with more money than others -- I'm talking small business owners -- would have more money to invest into their business.
As things are right now, you have to ask The Man for permission for everything business related. We need less taxation and less red tape to make things simpler.
