re: #204 Occasional Reader
a) “Flat tax” is a chimera. b) As for “no deductions”, that’s fun to say, but the real complication is figuring out “what is taxable income”. (See a).)
a) “Flat tax” is a chimera.
b) As for “no deductions”, that’s fun to say, but the real complication is figuring out “what is taxable income”. (See a).)
a) Why is it a Chimera?
b) (XX%)what you made = taxes owed.