How to set income tax rates, a modest proposal

2008-04-02T03:40:24Z

How about this, since IRS has figures breaking down incomes:

A. Bottom 25% of income earners pay zip

B. Next 25% of income earners pay 15% of Total Amount Needed to Balance Budget (TANBB)

C. Next 25% of income earners pay 25% of TANBB

D. Top 25% of income earners pay 60% of TANBB.

Let the IRS calculate necessary rates (with 1 rate for B, 2 rates for C and 3 rates for D) to collect the TANBB. Recalculate rates every two years.

Progressive enough for you liberals? Balanced enough for you conservatives? Able to be understood enough by all to make it easier to pay the necessary funds to keep the government going?

Style Box changes

2008-04-02T02:11:16Z

Anyone notice the many financial company changes in the Morningstar style boxes from "value" to "growth"? comments

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2008-04-02T02:09:12Z

Anyone notice Morningstar's changes of many financial companies from "value" to "growth"? Comments?

RTO31607

How to set income tax rates, a modest proposal

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