Is it normal to want a flat rate tax?

You are viewing a single comment's thread.

↑ View this comment's parent

← View full post
Comments ( 2 ) Sort: best | oldest
  • Does the income they earned include being paid with stocks and shares? Cause that's a loophole. Though theres not a good solution to cover that loophole.

    Comment Hidden ( show )
      -
    • I consider stocks and shares as a form of income.

      Legal settlements, Insurance settlements, and a few other things are sources of incoming cash flow that are currently not taxed; which I agree with.

      If someone is running a business then they get taxed on "net income" after expenses - and not gross income.

      Comment Hidden ( show )