This week's sign that the world is ending.....

[DocJ]

The former Soviet Union just passed a national flat income tax of 13%............what the hell is wrong with the U.S.A.?

Forbes 2004

 

[WODIN]

LOL!!!!

It will be ineresting to see how this works out.

 

[bigschweeler]

Let's see 13% on $500 in annual income comes out to what.....$65. I can really see this bailing out their economy.

 

[DocJ]

Let's see 13% on $500 in annual income comes out to what.....$65. I can really see this bailing out their economy.

Actually, it may be the best thing for them...a flat tax is the "fairest" type of income tax. It's citizens will be keeping more of their money but instead of investing in the economy they may just buy more vodka so they're screwed either way!

 

[Wombat]

Actually, it may be the best thing for them...a flat tax is the "fairest" type of income tax. It's citizens will be keeping more of their money but instead of investing in the economy they may just buy more vodka so they're screwed either way!

Isn't buying a product like Vodka investing in the economy---and creating jobs one way or another?