[quote]Garrett W. wrote:
Garrett W. wrote:
Just create a flat tax where there are no write offs for the “rich.” And zero taxes paid for anyone making under 30-K per year. The flat tax could be 20%.
How could anyone hate that?
that doesn’t answer how would you tax a business?
You don’t. End the double tax.
well if we are talking about fair across the board than this would be an issue.
under our current system business have huge write offs because of what they buy. If you are proposing what I think you are then that would work out great for me. I would never pay taxes at all. It would not be evenly balanced though for the average joe who works.
How would you ever not pay taxes? Do you not take any money out of your business for personal expenses? Is everything you own purely for business use?[/quote]
Currently My business owns the majority of my possessions. most vacations I take I usually have business associated with it so there are write offs that come with my trips. It is not that I don’t pay taxes. Lets assume my business really only make 1 dollar profit and everything else is an expense how much tax will I pay on that dollar?