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>>>Wouldn't flat tax take care of that? Those who make more pay more. Sounds pretty reasonable to me.
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>>You could make a good case for that, Dimitry, if all deductions and tax shelters - offshore etc, were eliminated and all income were taxed at the same rate.
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>I think real business costs should be deductible - but the border to define "real" is slippery. An airplane or a truck for a biz in transportation seems easy, as does office space. PC for free lancers ? Where would you draw the line?
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>not having a good idea myself
>
>thomas
I was thinking of individuals, not businesses but that opens a can of worms, doesn't it?
Anyone who does not go overboard- deserves to.
Malcolm Forbes, Sr.