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<blockquote data-quote="GTNavyNuke" data-source="post: 182013" data-attributes="member: 322"><p>I love the idea of a flat tax on consumption with a "rebate" for people whose income is less than a certain amount a year. I believe in a progressive tax system where you pay more (even as a percentage of income). </p><p></p><p>What Trump proposed was the typical politician ploy - be specific about the tax cuts (lowering rates) but not specific about the offsetting reductions in write-offs. Typical politico speak is to say that we have one of the highest tax rates in the world for business but neglect to say that the amount we collect after deductions is very low.</p></blockquote><p></p>
[QUOTE="GTNavyNuke, post: 182013, member: 322"] I love the idea of a flat tax on consumption with a "rebate" for people whose income is less than a certain amount a year. I believe in a progressive tax system where you pay more (even as a percentage of income). What Trump proposed was the typical politician ploy - be specific about the tax cuts (lowering rates) but not specific about the offsetting reductions in write-offs. Typical politico speak is to say that we have one of the highest tax rates in the world for business but neglect to say that the amount we collect after deductions is very low. [/QUOTE]
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