Layered flat tax is where you get rid of all loopholes, deductions etc. and switch to 2 tax codes (one for corporate one for individual) and the rate is always flat, but layered by income level.
For example.. someone in a 75k-125k bracket might pay 15% of their income in Federal taxes, someone in the 500k+ bracket might pay 25% of their income.. but the rate they pay is always flat, and depends on the bracket they are in. (top tax rate 30% flat, lowest tax rate 5% flat).
Progressive flat tax could be another term for it, it doesn't matter how someone earns their income, they just pay the rate and move on.
I support a layered flat tax.. so yes
What is a layered flat tax?
Prepare to see a lot of people making $99 999.99
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