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Income tax
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Revision as of 20:27, January 26, 2008
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20:27, January 26, 2008
→Other Taxation systems
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==Other Taxation systems==
==Other Taxation systems==
Other state and national proposed tax systems include the Flat Tax and the Fair tax
Other state and national proposed tax systems include the Flat Tax and the Fair tax
−
*Flat Tax - a single income tax bracket that applies equally to all Americans
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*
[[
Flat Tax
]]
-
creates
a single income tax bracket that applies equally to all Americans
−
*Fair Tax - eliminates the income tax in favor of a consumption tax, most often proposed as a ~23% National Sales tax
+
*
[[
Fair Tax
]]
- eliminates the income tax in favor of a consumption tax, most often proposed as a ~23% National Sales tax
==Sources==
==Sources==
Mitrebox
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