The solution to tax reform is simple.

Novato CA

Description

Every person in America that makes over $50,000 per year gets taxed the same flat percentage on their income. No loopholes for people to exploit. No write offs. No people playing the smoke and mirror game with their taxes. If we imposed a flat tax system, people who swarm the least would actually pay less in taxes. The people who earn the most would pay more in taxes. Here is an example of a tiered flat tax system. I am not saying these are real numbers, just an example. People who earn under $20,000 per year would pay 10% income tax People who earn between $20,000 and $70,000 per year would pay 15% income tax People who earn over $70,000 per yer would pay 20% in taxes. Under this type of structure, everyone except the wealthiest Americans would pay less income tax then they pay now. We need to simplify our tax codes and then enforce them with stiffer penalties.