The American tax system is broken. Too complex, too burdensome, too plagued by loopholes, it is in desperate need of reform. FreedomWorks' chairman Dick Armey explains why the flat tax is the best, simplest way to reform the tax code.
@op684 None of it's fair. Income, Stocks dividends, capitol gains. The government should not take the fruits of our labor, we should pay the smallest tax's possible. No more income tax, no more Capitol Gains, They even tax on SAVINGS.
Every kind of profit - whether it be income, stock dividends, or any other kind of GAIN from ANY kind of investment or work - should be taxed at a flat rate. This is the only fair way.
Dude, the flat tax IS the fair tax. If you make 25% more than me, you pay 25% more than me in tax. 25% less money, 25% less tax. Everyone pays their fair share.
Dick Armey is a snake. His "postcard" tax form he spouted for years was a con game. Notice what it taxes -- and what it does not. It only lists " wages, salaries,tips" Your tax is flat.
But cap gains tax - zero. Stock profits - zero. Dividends - zero. Notice this snake doesnt mention this. He just hopes he can fool stupid people.
@op684 None of it's fair. Income, Stocks dividends, capitol gains. The government should not take the fruits of our labor, we should pay the smallest tax's possible. No more income tax, no more Capitol Gains, They even tax on SAVINGS.
Small corporate tax rates aswell.
IBloodSweatTears 2 weeks ago
Every kind of profit - whether it be income, stock dividends, or any other kind of GAIN from ANY kind of investment or work - should be taxed at a flat rate. This is the only fair way.
op684 10 months ago
Dude, the flat tax IS the fair tax. If you make 25% more than me, you pay 25% more than me in tax. 25% less money, 25% less tax. Everyone pays their fair share.
dissolutionman 1 year ago
@MarkDouglasC Stock Profit are Capital Gain,lol Why you being redundant?
upfront09 2 years ago
I support the fair tax but flat is next in line
sayanythingkicksass 3 years ago
I support the Flat Tax
gopconservative94 3 years ago
Does he do the voice of Garfield?
1Commonsense1 3 years ago
Dick Armey is a snake. His "postcard" tax form he spouted for years was a con game. Notice what it taxes -- and what it does not. It only lists " wages, salaries,tips" Your tax is flat.
But cap gains tax - zero. Stock profits - zero. Dividends - zero. Notice this snake doesnt mention this. He just hopes he can fool stupid people.
MarkDouglasC 4 years ago