Comprehensive Income Tax Proposal

midwestcoast

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Saturday April 18, 2009 · 6:24 PM PDT

2009/04/18 · 18:24

Okay so this is my first post at Kos. This was originally posted over at Borgger, but I thought I'd get Kossacks opinions as well, as I know you have lots to add! It's a creative commons zero license so feel free to repost/quote as much as you would like. If anybody has anything to add, please add a revision to the Borgger thread.

The Proposal: A Comprehensive, Fair, Flexible & Simple Income Tax

Regardless of debates about how much revenue Government should be raising, we all agree that everyone should pay his or her fair share. In many ways, the current structure does not provide this. So, I propose a new income tax system with the following features: Comprehensive Coverage, No Loopholes, Individual Assessment, Poverty as Lower Bound, Linear Rate Progression, Maximum Average Rate and Normalized Rate Function.

Poll

36 votes Show Results

Does a progressive income tax rate make sense?

36 votes Vote Now!

Does a progressive income tax rate make sense?

Yes

31 votes

1 vote

This all sounds a little socialist

4 votes

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