# Since we're talking about taxes...federal tax brackets

**URL:** <https://forums.speedlife.net/t/since-were-talking-about-taxes-federal-tax-brackets/13674>\
**Category:** NYSpeed Off Topic\
**Created:** [June 22, 2006, 6:16pm UTC](https://forums.speedlife.net/t/since-were-talking-about-taxes-federal-tax-brackets/13674 "2006-06-22T18:16:10Z")\
**Posts on this page:** 1\
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**Author:** ![JoesTypeS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joestypes/32/7190_2.png) [@JoesTypeS](https://forums.speedlife.net/u/JoesTypeS)\
**Post date:** [June 23, 2006, 7:12am UTC](https://forums.speedlife.net/t/since-were-talking-about-taxes-federal-tax-brackets/13674/11 "2006-06-23T07:12:48Z")

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> [@AWDrifter](#):
>
> Consumption tax will save rich people more money because they can easily avoid consumption taxes.
> 
> The flat tax is the only fair tax.  
> Everyone pays the same percentage.  
> How can anyone argue with that?

With a flat tax you have to exempt a lot of people. What would you make the flat tax? 20%? No loopholes on income? Do you include capital gains? Are you reducing the tax on bonus’?

How do you tax corporations?

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