Quote:
Originally Posted by pan6467
So, I'm at work last night smoking a cancer stick, thinking about the raise I just got when it dawned on me.......... the perfect tax system that would not only boost workers morale, production and company loyalty.
What if the government were to simply say, "look, no more tax cuts. Instead what we propose is this: anyone making less than $100,000 a year every raise you get, all the overtime you get is non taxable. No FICA, no federal, no state or local. For the next 10 years that money is untouchable."
...
I feel that is a proposal everyone can live with.
|
Uhh, what was it you were smoking again?
You haven't addressed how that would help the self-employed.
Or how this wouldn't wind up like the alternative minimum tax, which will soon ensnare 10 million people, when its intent was to tax three or four hundred of the wealthiest.