Rick Perry Flat Tax Plan Unveiled

A flat tax never works for the middle class and the poor. No matter how you look at it, the rich will always have more disposable reserves after the tax than the middle class. 20% tax when you make over $1 million still leave you with $800K to live on. With 36% of US households making less than $35K a 20% leaves $28K to live on. That leave $528.46 per week net to buy food, clothes, pay rent/mortg­age, and other household expenses for a family of four. The millionair­e has $15K per week to spend on those same things, or more than half of 1/3 of the households have per year to spend.



I am not advocating wiping out the wealthy through taxes, just some fairness. If the money that those people have to spend per week were used to help grow the economy, create jobs in the US, and promote the general welfare of the rest of us I would not have a problem. But they don't. They hoard their money and demand more that they can keep, because enough is never enough.
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