Tom Cryer, Dr. Elaine and Ed Brown

[rhertz]

Originally Posted by joepole

A flat tax would be great, but 10% is way too low. I wish we lived in a country that could survive on a flat tax of 10%. 40% is more realistic.

I agree with you, all things being equal. But imagine what might happen to our economy with a flat tax or fair tax at around 20% to 25%. The economy would really soar. If the economy doubled, then revenues at 20% would equal the 40% mark in our old tax burdened system. I'm just saying the there are two ways to increase government revenues, raise tax rates or help taxpayers make more money. I prefer the second method.