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View Diary: Newt Gingrich says his effective tax rate is 31%, proposes lowering it to Mitt Romney's 15% (69 comments)

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  •  semi OT, but re Flat taxers (0+ / 0-)

    Interesting question, what if you figured Social Security, FICA and Capital Gains into a flat tax formula?  I wonder if the alteration would actually make the taxes on the 1% go up, but haven't seen any numbers on this.  Whenever a Rethug talks about a "flat tax" they're always ending up talking about making the tax code super regressive by forcing poor people to pay for rich people's government services, but if what people actually paid in total tax were figured in (income+SS+Medicare/medicaid+possibly gas taxes), how would it affect the math and, more importantly, how long would it take for Rethugs to scream bloody murder about how horrible a flat tax might be to them.

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