A lot of random people in support of this are gonna painfully discover their effective tax rate is nowhere near 23%, and if passed, that's exactly what it would hit.
A lot of random people in support of this are gonna painfully discover their effective tax rate is nowhere near 23%, and if passed, that's exactly what it would hit.
A lot of random people in support of this are gonna painfully discover their effective tax rate is nowhere near 23%, and if passed, that's exactly what it would hit.
The other funny part of this is that the IRS would continue to exist under a new name. Who do they think will collect and audit that tax?
We all know what will keep the deficit under control: reducing tax rates and eliminating the agency in charge of collecting it!
I can only shudder in the expectation of the heavy shoe of the federal government grinding down on those garage salers and farmers markets.