Quote:
Originally Posted by Rupert Pupkin
I obviously haven't seen the numbers so I don't know how much a national sales tax would bring in. I know that a 5% national sales tax would not be enough to eliminate income tax but I think it would be enough to lower income taxes substantially.
How much do you think someone should pay in federal income tax if they make over $1 million a year? I think 30% is reasonable.
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I asked how much is enough, the answer will never come because there is never going to be enough.
30% might be reasonable as a total but just federal? That person will likely be well over 50% after all other taxes are figured, especially if you remove any write-offs/'loophoples'.