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| View Poll Results: What should paying one's "fair share" mean with regard to taxes? | |||
| Flat Tax: Everyone pays the same proportional tax rate on earnings above a defined minimum |
  
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9 | 40.91% |
| Head Tax - Everyone pays the same flat dollar amount regardless of income level |
  
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0 | 0% |
| Progressive - Your taxes are driven by the "bracket" you are in |
  
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10 | 45.45% |
| Fairness cannot be defined anywhere in life, so politicians using this phrase are clueless |
  
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3 | 13.64% |
| Voters: 22. You may not vote on this poll | |||
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#32
04-09-2012, 09:53 AM
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Flat Tax: no deductions, one rate for everybody, first "x" dollars (pick a number) in earnings exempt for everybody.
In future years, adjust "x" for inflation in accordance with some official statistic (CPI, inflation %, etc), but make it AUTOMATIC. No further intervention by Congress necessary except the compilation of the figure itself. And we must pick a number with good pedigree as a predictor. The goal as I see it is to get to a simple equation rather than tens of millions of lines of tax code. Everybody pays is as close to fairness as you will get. Oh, and when you're out of money (this means the government), you're done spending. Period. 
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