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Re:Gates says billionaires should pay 'significantly' more t... by imtringued on Tuesday February 20, 2018 @06:27AM (#16419532)
The flat rate tax is usually combined with a flat tax excemption to make it a progressive tax at the very bottom of the income spectrum.

For example the first $5000 of income would not be taxed.

Someone who earns 10k would pay $850 which is a 8.5% effective tax rate. Someone who earns 20k would pay $2100 which is a 10.5% effective tax rate.

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