February 8, 20179 yr Economically what would it look like if there were no income taxes at any level?Replace it with a 10% sales tax for state and 10% federal.
February 8, 20179 yr At what income level would the 10% flat income tax start? If I were the income tax czar mine would start on the poverty threshhold. Which in 2015 was $11770 for a single person and $4160 for each additional person.
February 8, 20179 yr I haven't looked at some of the flat tax plans in some time but if I recall correctly don't most eliminate SS and Medicare tax as part of it? Meaning it's X percent to cover everything? Or is the flat tax in addition to SS and Medicare?
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