Posted by taxguru on November 1, 2003
U.S. Administrator Imposes Flat Tax System on Iraq – Just one more good thing the Iraqis are getting that we Americans will probably never see. Why is it that Russia and Iraq have flat rate income taxes, while we in the USA use the Communist system of penalizing success by using severely punitive graduated rate schedules?
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Posted by taxguru on November 1, 2003
Small-business help – Tax breaks do motivate behavior. Nothing encourages people to spend money on new business equipment more than allowing them to deduct more of the cost sooner rather than having to stretch it out over several years.
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Tax Guru - Ker$tetter Letter 