RE: Seriously.
December 15, 2011 at 9:42 pm
(This post was last modified: December 15, 2011 at 9:48 pm by Jackalope.)
The working poor currently have a net negative tax rate (due to credits). The bottom two quintiles pay no tax at all.
My friend (who I spoke of earlier) made $9000 last year and received a $4000 check from the IRS. I know this to be true, I helped her file her taxes.
Under the current system, she has $13k to provide for her family. With a 10% flat tax, no deductions or credits, she has $8100.
Clear enough?
My friend (who I spoke of earlier) made $9000 last year and received a $4000 check from the IRS. I know this to be true, I helped her file her taxes.
Under the current system, she has $13k to provide for her family. With a 10% flat tax, no deductions or credits, she has $8100.
Clear enough?
