The reason Perry Eidelbus is your best choice in 2012:

All federal income tax rates: 0%.

Now if we're going to have anything more than 0%, then it goes from 0% at the top to 25% at the lowest tax bracket. Yes, my second choice of a tax system is intentionally *regressive*. "The poor" receive the bulk of government spending, so let them pay for it! Why should a working person like me be taxed to hell to pay for the lifestyle of lazy people?

Capital gains/dividends tax: 0%. Why should saving be penalized?

Child tax credit: $0. Why should people be penalized (meaning having to share a heavier tax burden) because they don't want or can't have children? I want to have a couple, myself, but I see no reason that I, currently childless, should have to pay a higher tax burden than my neighbor with half a dozen rugrats.

Marriage penalty: moot with a 0% tax rate.

AMT rate: 0%. Repeal the goddamn thing.

Self-employment rate: 0%. See above for why. Oh, this also includes abolishing Social Security and Medicare.

Corporate tax rate: 0%. Businesses don't pay taxes; they only collect them from customers.

Posted by: Perry Eidelbus at August 7, 2008 1:31 PM | What do you think? [1]