With tomorrow being TAX DAY, April 15, there is a lot of talk going around that we should go to a flat tax.
The US Tax Code is so complicated that I think we should consider it. If we did it would simplefy most people's lives and uncomplicate tax filing. You simply have 15% flat taken out of you pay or pay 15% of your income.
This would also cut down the IRS staff needed which would cut down on government cost.
If we did this there would not be all the loop holes that a lot of people go through to pay no taxes. They would pay 15%.
You can't write of you mortgage interest, your Hummer for business, etc.
We might be surprised how in the long run we might acturally come out better off.
This is just my opinion, but it should be something to consider.
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