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Reply to "What really needs to be fixed in the tax code?"
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[quote=Anonymous]I agree with the flat tax (on everything - dividends, rental income, ect) and no deductions. Though if taxing @ 15% I would probably start at 50k or 60k. I'm not sure how reasonable/workable that is, but I'm self employed with fluctuating income and with all of my required expenses taxing @ 15% after 50k\60k seems so much more doable imo. Otherwise, I'd support a flat of 5%-7% on all income starting a $1, that way every single person is paying. Again, I have absolutely no idea how reasonable this is. I just want something easy and simple and fair.[/quote]
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