Or, I should say, which does not include payroll taxes: I would like to see the payroll tax system eliminated entirely and integrated into a single income tax system.
No Republican, not even Ron Paul, is going beyond the status quo to insist that top marginal tax rates must be cut by at least a third (ideally scrapping the current income-tax system altogether and replacing it with a pro-growth, low-single-rate tax system that does not punish saving, investing and entrepreneurial risk-taking as the current progressive income tax does).
FORBES: Memo To The President: We Can't Tax, Spend And Print Our Way To Prosperity
In a fairer tax system every single corporation would be taxed just like REITs.
Sensibly, President Putin has thrown out many of these exactions and given Russia a single-rate, flat tax system.
From April the New Tax Credit replaced the old benefits and tax credits with a single system.
First, an income-tax system with a single rate remains progressive the rich pay a higher proportion of their income than the poor as long as it is combined with a tax-free allowance.
ECONOMIST: The Conservatives toy with a politically risky idea
The Bush Administration's proposed new savings accounts are a step--a remarkably bold one--toward a radical tax change in the U.S. This revolution is moving toward what I and others have long advocated: a flat tax--an income tax system with a single rate that would apply after a high threshold and that would exempt levies on capital gains, dividends and interest.
We could fix this very fundamental problem of our income tax system without raising rates or affecting a single small business owner, and we might raise a few hundred billion dollars along the way.
Unlike other rich countries, Japan does not have a consolidated tax system in which companies in a group are taxed as a single unit.
It is the system as a whole that needs to be progressive, not every single tax.
ECONOMIST: A new report lays out a blueprint for the ideal tax system
He has advocated a simple two-rate personal income tax system, under which individual taxpayers could fill out their returns on a single sheet of paper.
The nation's ability to direct most of its college-trained women into the single career of teaching was the foundation upon which the national public school system was built and a major reason American tax rates were kept low.
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