Busted!

Oct. 16th, 2008 09:31 pm
ceebeegee: (Default)
[personal profile] ceebeegee
This is why it's a mistake to fetishize the "man on the street" before due diligence.

Joe Plumber apparently is not a plumber, and there's a lien on his property for back taxes.

Date: 2008-10-17 07:20 pm (UTC)
From: [identity profile] minstrel70.livejournal.com
Excellent point on the definition of wealthy. My family in MN has no concept of east coast salaries. To them, we're rich (not that we divulge actual numbers, but my mother knows the ballpark figure). Her amazement is considerably tempered when I explain what houses sell for out here.

Interesting, the idea of adjusting tax brackets based on local cost of living, but isn't the tax code complicated enough already?

I'll take a flat tax. Take gross income, subtract a significant exemption (maybe $30-40K?), multiply by some percentage (.17?) and there's your bill. No deductions, no credits, no social engineering through the tax code. Simple.

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