Posted 12/4/2012 09:54 (#2732250 - in reply to #2732141) Subject: RE: Is a varmint gun tax deductible?
dirtfarmer3 - 12/4/2012 08:00
this is why we need to do away with all deductions and have a striaght 15 percent tax across the board
You can't be serious. 15% on Gross income before any business expenses? Please. Yes I know everyone will whine that I'm only saying that because I'm an accountant and "supposedly" I would be put out of business. If I have to pay my taxes based on gross income at a 15% rate the loss of the accounting income will be the least of my problems. I'd like to see a show of hands of the people who would be willing to pay 15% on gross income?