Gun Control Bill

[BanginJimmy]

What is the contents of this mythical legislation you speak of? haha...cry

Btw, I would love for congress to spend 50% of their time removing legislation that no longer makes sense.

I would love to see that. They can start with the tax code.

My idea is quite simple, therefore, impossible to move beyond IA.

A progressive flat tax with the following rates. Using this years poverty line for a family of 4 as the lowest bracket.

0-23,550 0%

23,551 - 47000 2.5%

47001 - 80000 5%

80001 - 120k 8%

120,001 - 150k 10%

150,001 - 250k 15%

250k - 500K 20%

500K+ 25%


No deductions, no credits, no nothing. Which also means no loopholes and no special favors to friends. The only exemptions from reportable income would be dedicated retirement accounts which cannot be drawn upon until age 65.

[bu villain]

I would love to see that. They can start with the tax code.

My idea is quite simple, therefore, impossible to move beyond IA.

A progressive flat tax with the following rates. Using this years poverty line for a family of 4 as the lowest bracket.

Not perfect but I would definitely take it over our current tax code.