Chris Edwards
Chris Edwards
Chris Edwardsis an American former professional vert skater...
ProfessionOther
Date of Birth22 December 1973
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The power of a website comes from the people using it, not the people making it.
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The Panel's income tax reform plan would make some positive changes such as eliminating the double-taxation of dividends and treating U.S. businesses on a territorial basis with regard to their foreign profits. Both of these changes would increase U.S. business competitiveness and spur investment. However, on both the individual and business parts of this simplified income tax, the proposed top tax rates were still too high. For example, the proposed 32 percent corporate rate would still be higher than the 28 percent average corporate tax rate in Europe.
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Current budget procedures stack the deck in favor of program expansion without regard to the burdens imposed on current or future taxpayers.
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There's a massive build-up of future Social Security and Medicare spending that will explode, and this makes the problem much worse.
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Roth IRA funds come from after-tax money, ... The change wouldn't cause a budget loss in the short-term, which would please those concerned about the deficit.
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The next generation of young workers will be crushed by gigantic and rising payroll taxes to pay for all of this,