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Originally Posted by phyzix525
I am not saying to get rid of those programs. mearly useing them as a compairison to the EPa's budget. Also I cannot follow your math. If 1 trillion was collected, I have to ask what was the total amount of income from all people in the US, that way you know what total % they are paying in the first place, only then can you figure out how much you would be cutting.
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I know that the top marginal rate is about 40%. So if you're instituting a flat tax of 20%, you're cutting taxes on those folks by 50%. If those folks account for 80% of tax income, you lose 40% of tax income just on them. Yeah, it's just rough estimation, but it serves to show just how unrealistic a 20% flat tax is.