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As to the initial proposal, again, the devil is in the details. The one big point I have against it is that it seems to propose taxing the incomes of the very lowest level of incomes. I strongly feel a base deduction should be part of any tax plan.
And as I said, definition of income should be all inclusive and there should be zero deductions.
That too can be problematic in terms of a catastrophic medical situation for example, but then you start building towards your 30,000 plus page tax code.
Is there a "best" tax system?
My guess is that you will lose a lot of revenue. How will you make it up.
How do you value things like stock options and health benefits.