Re:Marginal income tax rates for a single California residen...
by petercooper on Thursday May 13, 2010 @01:45AM
(#1343423)
The Negative Income Tax seems like an interesting flat-tax proposal that could even satisfy those in favor of progressive taxation for political reasons: http://en.wikipedia.org/wiki/Negative_income_tax
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Re:Marginal income tax rates for a single California residen...
by jonshea on Thursday May 13, 2010 @09:38AM
(#1344174)
See also the Bradley X Tax, which is a value-added tax melded with an income tax. The income tax can be as progressive as you like, and the VAT is equivalent to a flat sales tax.
http://en.wikipedia.org/wiki/X_tax http://www.princeton.edu/~ceps/workingpapers/93bradford.pdf