Thread: BREAKING: Brown Wins in Mass. Race
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Bruce[_11_] Bruce[_11_] is offline
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First recorded activity by BoatBanter: Jan 2010
Posts: 100
Default BREAKING: Brown Wins in Mass. Race
wrote:
On Fri, 22 Jan 2010 21:21:37 -0500, wrote:


I like the idea of a flat tax. Take 15% of my AGI, I'll save $375 from
the CPA's bill, and life moves on.

The problem with that statement is you wouldn't have an AGI with a
flat tax, you would only have a gross income. To be revenue neutral
the number is more like 20-25%

It's been years, but I thought the Forbes flat tax allowed for
dependents. That would affect your AGI. When the kids leave the nest
and get a job, it's gone.
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