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Dickipedia of the Year, maybe this ***** should read the Framers Coup (Original Post) turbinetree Jul 2017 OP
Double speak gilligan Jul 2017 #1
The tax reform will be a step toward a flat rate tax. They've been having wet dreams about that... Honeycombe8 Jul 2017 #2

Honeycombe8

(37,648 posts)
2. The tax reform will be a step toward a flat rate tax. They've been having wet dreams about that...
Wed Jul 19, 2017, 06:55 PM
Jul 2017

for decades. I've heard the 5% number bandied about a lot. 5% tax rate. If it's not a progressive tax rate, it benefits the wealthy, of course.

5% to someone who makes $30,000 a year is a LOT more of necessary income than 5% to someone who makes $250,000 a year. That 5% to the $250,000 earner is all expendable income (unless they live beyond their means). The 5% to the $30,000 earner is money taken out of the budget for the mortgage, food, household expenses, medical, car maintenance, Christmas gifts for the kids.

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