Originally Posted by Midtowner

A percentage of income tax on the wealthy is hardly the same amount of tax.

You said this:



If I make $100,000 and you make $20,000, under your program, do I pay the "same tax, rich or poor" that you do? Of course not. I'm paying the same percentage, but I'll be paying five times as much tax.

And a flat tax will never happen. Read through the IRS Code (I have) some time. There are far too many industries protected under the current IRS code who wouldn't be under a flat tax regime (for example, a pipeline in Alaska is capitalized at a far quicker rate than a pipeline in any other state [thank you Ted Stevens!]).

There would be too many oxes getting gored there, so forget about it. The income tax in its current form, subject to an adjustment of rates, is here to stay.