Monday, March 10, 2008

Doesn't a flat tax sound like a wonderful idea?

I am posting something I heard on TV that I thought would be of interest to the millions of Americans out there who pay annual taxes. Earlier this evening, a representative in the U.S. House urged his fellow comrades to pass a new, reformed tax for the American people. It's not just any normal tax; it's a flat tax with benefits. Yes, his name escapes me at the moment, but he sure convinced me that this would be in the best interest of all Americans. How could you not want this proposal to succeed?

A flat tax would entail everyone paying the same amount each year. There's no complicated paperwork that you need to fill out or money to spend to hire a tax professional to do your taxes. As a result of the flat tax, you will have more time to spend with your family and friends while saving more of your hard earned dollars. He cited a few examples of several states that instituted the same tax method, and guess what; it showed great promise because of the amount of revenue that each state government received.

What would be even better than a flat tax, is no tax at all! Ron Paul wants to do that. Well, it's getting late and I'll close here. If I find any information about the Representative, I'll be sure to post it here as additional text.

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