Do you have a good reason to believe that a 40% tax starting at $100k
would really raise the same amount that the current structure raises or
are those figures off the top of your head?
I've wondered in the past why someone prominent hasn't proposed such a
"progressive flat tax" as it would seem to hold great appeal for most
people other than the IRS, some libertarians and those with very high
incomes and/or peculiar exemptions/competitive advantages in the current
system.
-- Mike Linksvayer http://gondwanaland.com/ml/