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Money and Finances
Reply to "Do you think taxes will increase to pay for the nation's debt?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]A flat income tax would solve the problem. Everyone pays 25%. No credits, no deductions, no loopholes, no anything. Disadvantaged groups already make out on the receiving end, so things are still skewed to helping those in need. Easy peasy. [/quote] Too regressive. Maybe over a certain threshold. [/quote] Yes, make the first $X exempt, then tax everything past that at the same percent, for everyone. Maybe 15 or 20% though, 25% is too severe. [/quote]
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