In the interest of equality, fairness and stimulating the economy I Propose a 10% Flat Tax with NO Deductions for individuals or Corporations.
Why is this important?
Many years ago (1883) I was driving an Limo in Beverly Hills, CA.
I was driving a very high end Tax Expert to the airport. I asked him how we could solve our debt problems for good in the US. His instant answer was" 10% Flat tax on individuals and Corporations. He said in 3 years we would be in the Black and stay there.This would also free up a lot of money that would be spent and go back into the economy.
