Detailed text transcripts for TV channel - FOXNEWS - 20140412:21:03:00
Poor people don't pay income tax. but that everybody pays the. same. but that's notot the most complx part of the code. >> well, if you have more than one tax rate, then you open itav up for politicians to clutterte the code again. after 1986 where they made a stab at simpleification, two tax rates, 15 and 28%, four years later, there is a third rate. bill clinton added two more and we're off to the races and we s have 14,000 changes since 1986. so with a single rate, everyonee knows if you're doing something. today you can make a change in the code, six months later,e, people may discover wha...
Source: news source