So what do you think of the flat tax proposal Bhai?
From: "Bhairitu [email protected] [FairfieldLife]"
<[email protected]>
To: [email protected]
Sent: Friday, June 19, 2015 12:10 PM
Subject: Re: [FairfieldLife] Rand Paul's Tax Proposal
That 14.5% figure is interesting because Donald Trump the last time he ran
for President proposed a one-time 14.5% tax on all folks with an estate of $10M
or more. He thought that would help reduce the deficit. Hence he was not to
popular with Republicans.
Flat taxes have often been proposed because our current tax system has been
corrupted by special interests. It is no long a fair system nor can it even be
interpreted properly even by IRS agents. The $50,000 exclusion for a family of
four would help the proposal gain more traction as 14.5% for anyone with that
low of income is quite a chunk.
Paul is more a populist than a Republican or even Libertarian. Same can be
said for Bernie Sanders who is showing great popularity with the millennials.
It will be interesting to see what Sanders comes up with for a tax proposal as
I'm sure too he feels the IRS codes corrupt.
On 06/19/2015 01:03 AM, [email protected] [FairfieldLife] wrote:
It appears that there's a hidden agenda behind his proposal. The sugar
coating is that taxes are reduced for everybody. But the hammer is that the
government expenses will have to be reduced to fit the new tax income received.
What do you think?
Presidential candidate Rand Paul plans to 'blow up' tax code
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| Presidential candidate Rand Paul plans to 'blow up&#... WASHINGTON
(AP) — Republican presidential candidate Rand Paul called Thursday for a "fair
and flat tax" that would "blow up" the nation's ta... |
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