The Graduated Flat Tax — A Good Approach (Nov 2011 Update)

The method for calculating the amount of tax that any citizen would owe using my proposed graduated flat tax approach is as follows: The first $20,000 of income for all individuals would be tax free. The next $80,000 of income (amounts between $20,000 and $100,000) would be taxed at the rate of 10%. The next … Continue reading “The Graduated Flat Tax — A Good Approach (Nov 2011 Update)”