http://www.investorgeeks.com/articles/2007/01/15/some-interesting-details/ Learning and sharing investment knowledge. Mon, 08 Sep 2008 11:14:28 +0000 http://wordpress.org/?v=2.0.4 http://www.investorgeeks.com/articles/2007/01/15/some-interesting-details/#comment-19615 Sat, 20 Jan 2007 02:33:52 +0000 http://www.investorgeeks.com/articles/2007/01/15/some-interesting-details/#comment-19615 Very interesting. Why American politicians can't seem to get this concept is amazing. The flat tax is the fairest way of dealing with equality. Many of the very wealthy pay no taxes legally. This leaves the middle class carrying the majority of the tax burden. The flat tax system would force every wage earner, and every corporation into paying something. Many large corporations that generate muliti-millions, who now pay zero tax would have to substancially contribute to the United States tax rolls. The down side of this is that accountants and CPA's I believe would take a financial hit. It generally doesn't take an accountant to figure out a percentage. No system is perfect. Very interesting. Why American politicians can’t seem to get this concept is amazing. The flat tax is the fairest way of dealing with equality. Many of the very wealthy pay no taxes legally. This leaves the middle class carrying the majority of the tax burden. The flat tax system would force every wage earner, and every corporation into paying something. Many large corporations that generate muliti-millions, who now pay zero tax would have to substancially contribute to the United States tax rolls. The down side of this is that accountants and CPA’s I believe would take a financial hit. It generally doesn’t take an accountant to figure out a percentage. No system is perfect.

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