There's always a lot of chatter about a federal flat tax...
Do you think it will ever happen?
Who do you think has more influence over our tax structure and/or tax reform, citizens or corporations?
Answer by sweet-a-kins at 3:40 PM on Feb. 7, 2011
Easily corporations. It also depends on the flat tax that is proposed. The ones that have been proposed, actually hurt the middle class. Their tax would go up while the wealthiest will go down.
Answer by mommom2000 at 4:22 PM on Feb. 7, 2011
Answer by stacymomof2 at 4:23 PM on Feb. 7, 2011
To legitimately discuss a Flat Tax or Fair Tax, ALL politicians must be willing to give up the strangle hold they have over the American People compliments of the IRS. I don't see politicians letting go. I think we could have an opportunity to take a serious look at it, if we reduced the progressive from the political equation. Progressives thrive off of the IRS. Who has more influence? Politicians.
Answer by grlygrlz2 at 4:38 PM on Feb. 7, 2011
A flat national sale tax is the same way. The middle class spends most of their income to live, and it would all be subject to a tax, where a wealthy person doesn't need to spend a large percent of their income. if you are wealthy you could buy your fancy products overseas and avoid the tax all together. It would be hard to enforce because there could be a lot of back room deals on high ticketed items, that the wealthy could purchase
Answer by mommom2000 at 4:42 PM on Feb. 7, 2011
Answer by stacymomof2 at 4:45 PM on Feb. 7, 2011
Answer by janet116 at 5:13 PM on Feb. 7, 2011
Answer by jesse123456 at 5:53 PM on Feb. 7, 2011
if you are wealthy you could buy your fancy products overseas and avoid the tax all together. It would be hard to enforce because there could be a lot of back room deals on high ticketed items, that the wealthy could purchase
There are several states here in the US that do not charge Sales Tax--NH and FL that I know of, and so there is nothing wrong with purchasing your "fancy products" in those states and using them in your home state. The OTHER thing wealthy people like DEMOCRAT John Kerry does, is purchase their high priced luxury items, like a custom built yacht from NEW ZEALAND, and then moor it, NOT in Nantucket, Mass, where he has a vacation home, but in Rhode Island, to avoid paying the luxury sales tax!!
Answer by LoriKeet at 6:04 PM on Feb. 7, 2011