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America Needs an Alternative
Maximum Tax

Wall Street Journal, by John H. Cochrane

Original Article

Posted By:tisHimself, 4/15/2013 5:25:14 AM

They keep coming back, like the villains of a good zombie movie, chanting "more taxes, more taxes." Long ago, Congress passed the alternative minimum tax, or AMT—a simple flat rate to ensure that in an insanely complex tax code, no one escapes paying something. Now we need an alternative maximum tax as a simple, rough-and-ready way to limit the tax zombies´ economic damage. Call it the AMaxT. With Monday´s deadline for filing tax returns looming, let´s start a national conversation: How much is the most anyone should have to pay?

      


Post Reply  

Reply 1 - Posted by: GreatGreyhounds, 4/15/2013 5:50:41 AM     (No. 9275645)

We need to have everyone in the country paying something!

There are too many who take, take, take, and without skin in the tax game, they don´t care how our masters spend our money...

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Reply 2 - Posted by: Trigger2, 4/15/2013 6:09:58 AM     (No. 9275654)

Since libtards are the ones who love taxes, how about slapping a 70% income tax on just them?

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Reply 3 - Posted by: mickturn, 4/15/2013 9:37:59 AM     (No. 9275915)

10% mandatory 15% maximum!

NO deductions!


The direction we are going the new tax form will say:

How much did you earn? ______________
Send it all in!

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