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Let's assume it's true that the top 10% pay 80% of the taxes. Assuming the top 10% are in the top marginal tax bracket, they pay 35-40% in taxes. If you instituted a flat tax at even 20% across the board, you lose 40% of your tax income right there. With the flat tax the federal government has basically half as much to work with -- that's a lot of "wasteful" spending to get rid of.
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it's quiet in here
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