What are your views on it?
Amazon.com. a major company in the US, made $11,200,000,000 in profit last year. The amount of taxes it owed was Zero. This seems ethically, legally, and morally wrong, in my opinion. How to see it? Ok? Or wrong?
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PTCdresser57 · 61-69, M
turbineman40 · 80-89, M
@PTCdresser57 I think the flat tax would be great even at 20 percent and no other taxes!
turbineman40 · 80-89, M
@PTCdresser57 one of the problems of the flat tax is would each state collect the tax and then share with the federal government or the other way around. I think the state should collect the money and share with the federal government.
PTCdresser57 · 61-69, M
Flat tax is for federal tax only. So like me...right now I pay 30% in federal tax. If everyone including buisnesses paid the 9% instead of 0 or very little then our national debt would go away.
turbineman40 · 80-89, M
@PTCdresser57 I agree if everyone paid the flat tax the debt would change. If only the congress would apply the funds to pay off the debt and not spend it on personal projects