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FLAT TAX BUNKO

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clarence swinney Donating Member (673 posts) Send PM | Profile | Ignore Fri Dec-11-09 03:10 PM
Original message
FLAT TAX BUNKO
Book Flat Tax.

Ha. Maybe I am dumb one and am missing something.

23% Flat Tax is dumb stuff.

Tell me how 23% of 10,000 will cover 3600 Expenditures

Simple Simon

10,000 Total National Income
9000 Total Consumer Spending
3600 Budget

23% X 10,000= 2300 =short 1300 covering budget of 3600

23% Consumption Tax
23 X 9000=2070=1530 short on 3600 budget

Prove me wrong. Please. I like magic numbers.

cswinney2@triad.rr.com
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