The Tax Code
As the U.S. Tax Deadline looms it would be nice if the Presidential Candidates talk about the changes that they would like to see in the Income Tax Code. The "Conservatives" are always talking about how they want "smaller" Government and less taxes, but they never present a viable plan. The Plan that is usually presented involves lower the tax on the wealthy, this hardly qualifies as making the tax code equitable. An income tax that is equitable to all would be a set percentage to all with the same deduction for all Individuals and Corporations. The income that an individual needs to survive should not be taxed at all. The standard deduction for all individuals should take into account the income that is necessary to live, thus the money paid for, food, clothing, shelter, health care and transportation should be the basis for the base deduction. As an example, let's say that number at 2008 dollars in $55,000 per person. Therefore, any income below $55,000 per pe...