Poll: How Do You Want Your Taxes? Flat, Progressive or Consumption-Style?

Recurring issue arises in the run-up to April 17, 2012, IRS deadline; how should system be fixed?

Taxes are due April 17 this year, but the grumbling has no deadline. The system that allows billionaires to pay a lower rate than their secretaries is a target for derision. Its complexity is legend. So how do we fix it—and still raise enough money to provide schools, streets, national defense and other necessities of American life? Here are some options. Feel free to mention others.

Kevin George March 20, 2012 at 06:21 PM
I don't understand Warren Buffet's problem. There is no limit to how much you can send in. Send as much as you want Warren. And that goes for his ( at least $200k yr) secretary also.
Craig Maxwell March 20, 2012 at 06:38 PM
He can afford to be generous with our money.
Deena While March 21, 2012 at 04:10 AM
...taxes are used to provide schools, streets, national defense and other necessities?
Kathy March 21, 2012 at 06:15 AM
and Bail out Banks, Government improper spending, Refi's for home owners that purchased a home they couldn't afford to begin with, illegals, unlimited unemployment and so on and so on of wasted spending.
PhilM March 21, 2012 at 04:51 PM
You like "Progressive Taxes" so much, Warren? Here you go - let's progressively tax your stock purchases. First $10,000 buy is taxed at 10% - next $10,000 is at 11% - addind 1% to each added increment. Oh and that is against all of your holdings - meaning if you already have $50,000 you get taxed on the next group you buy at 16%. That's progressively "Fair" - right? Idiot!


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