Recently, a physician friend of mine had asked this question of me:
“As far as Tax goes, why not use a flat tax? I can’t understand why it won’t be considered?”
My reply to him follows.
“The so-called “flat tax,” which would be a no-deductions type of single percentage levies “across the board” upon everyone, bar none, is a disproportionate burden to those who make less.
“Consider the following, which is a real-life example to illustrate the case in point:
“A female friend shared with me that she and her spouse have a 50/50 sharing agreement with household expenses. That is to say, she pays half, and he pays half. He is retired, she is not. In his working years, he was a Read the rest of this entry »
Warm Southern Breeze 