ST Alpha - "I would support a flat tax under the condition that we raise the standard deduction to fully encompass a sustainable standard of living" (Reading a Post)

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I would support a flat tax under the condition that we raise the standard deduction to fully encompass a sustainable standard of living

Posted by znufrii Sep 19 '11, 12:51

say, $30-40,000 per person, depending on where you live...

Responses:

Depending on your definition of income and the amount, I would agree. -- nm - Walt_Disney Sep 19, 12:59
No thanks. -- nm - Don Homer Sep 19, 12:55
FYI, the FairTax has something like this included. - Strongbad Sep 19, 12:53 10
- My understanding is that the FairTax proposal shifts taxation from Income Tax to Consumption Tax, right? - musubi Sep 19, 13:02 3
  - But, from what I remember of 'It's a Wonderful Life', "invested" money is still out there in the economy, right? -- nm - Dr.Johnny Vermin Sep 19, 13:09
  - A study done in the few years after the Canadian version was introduced in the 90's showed that business investment went up... - Walt_Disney Sep 19, 13:08
  - oh yeah. forgot about that part.... -- nm - znufrii Sep 19, 13:04
- it would need to be siginifcantly higher than the poverty level, imho. - znufrii Sep 19, 12:57 1
  - I agree that it would absolutely need regional COLA. -- nm - Strongbad Sep 19, 12:58
- lemme guess, the Heritage Organization? -- nm - moles Sep 19, 12:55 3
  - Go pick a fight somewhere else. You bore me. -- nm - Strongbad Sep 19, 12:55 2
    - *notes for future posts about how i don't have substantive arguments* -- nm - moles Sep 19, 12:57 1
      - *yawn* -- nm - Strongbad Sep 19, 12:57

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