Ideas for Improving America
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David F Mayer
What happens is that Mr X signs a contract with Y.
Wed Dec 12, 2012 1:44pm

Y is required to pay, NOT Mr X, but Mr X's wife, son, daughter, dog, etc.

Sure, it is taxable income, but such subterfuges permit the income and consequent tax to be spread to several individuals. Mr X never receives the money from Y.

There are infinitely many such dodges out there.

Flat Rate Income Tax neutralizes all of them at one swoop.

David F Mayer

  • scratch with none of the existing loopholes... If someone gives you money it is income... I think some extremely limited exceptions might be in order such as a person under the age of 16 can recieve... more
    • What happens is that Mr X signs a contract with Y. — David F Mayer, Wed Dec 12 1:44pm
      • And when the audit comes in....Sprout, Thu Dec 13 11:33am
        And because it WILL when an 8 yr old claims 20K in income without being legally able to work, it will be amply clear that that money is actually compensation for Mr. X's job, and Mr X will then be... more
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