The Mudcat Café TM
Thread #135866   Message #3196234
Posted By: saulgoldie
26-Jul-11 - 09:14 PM
Thread Name: BS: New Tax Structure Idea
Subject: RE: BS: New Tax Structure Idea
Dick,
My proposal was most certainly not a flat tax. Part of the voting when you pay taxes is that the tax structure be totally rejiggered. My proposal is less about the "how" of paying taxes than it is about directing where your tax dollars go so that people truly see what they want to pay for and what they don't want to pay for, and they get exactly what they choose.

However, I do favor a much more highly progressive tax structure than we have now. And taxed income has to be not limited to salaries, but must include corporate profits and income earned from all those Wall Street financial thingies.

Saul