If you were to write tax policy...

[MaC]

What is your ideal taxation policy?  Would it be regressive, progressive, flat?  Is sales tax around?  Is income tax? Any new taxes? Higher taxes? Lower taxes?
Here's your chance to go in depth on it.  (Hope it isn't only a two way chat between Phillip and opebo)

[MaC]

State taxes would be reduced and the blue states would no longer subsidize the red states (as they do now).

Huh?  You have an example of this?

[MaC]

Federal: Abolish income tax, and death/inheritance and social security taxes.

State: If I had the ability to, and the budget was balanced, I'd lower from 6% (in my state) to 4% or 5%.

City-don't really know much about the millage issue to say.

As for federal taxes in general, there'd be taxes on goods excise taxes and tarriffs(I know I'm going against my party on this, however I support only smaller, more general tarriffs that would not be used to 'engineer' trade policy or the economy).  To make it fair, all taxes would have sunset provisions and they'd be distributed amongst a diverse set of goods so as not to particularly harm a single industry.  Each year, there'd be a hit somewhere, but the taxes would be temporary (ideally a year long for everything) so that the free market could recover from a bad season.

[MaC]

opebo, krustytheklown, might I inquire as to why you'd need more than six brackets?  I think even with four you could get what you wanted...
1.poor-lower middle class
2.middleclass-upper middle class
3.rich
4.super rich

[MaC]

Two rates of 14% and 27%. Cut off at $90,000. Capital gains taxed at 15% maximum. Flat corporate tax rate of 20%.

Phillip, I thought you were for the 8.4% flat income tax.