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The current tax code should be scrapped in it's entirety. It should be replaced with a simple code that allows all individuals and corporations to deduct the same fixed percentage from gross income for expenses and a similar identical percentage for savings or investment. There should be no other deductions allowed. All remaining income would be taxed at the same rate. A realistic poverty level should be set for individuals and families where no taxes would be paid.

Submitted by Stuart in Taxes & Budget Jan. 4, 2015, 12:15 p.m.
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