Novak on Americans Moving Up
Perhaps Novak is right. It may be time for a flat tax for everybody. Individuals, companies and corporation, with no tax exemptions or tax credits for anyone. I can hear the screaming already.
No more abusing business-related expenses, because there will be no more business-related exemptions. I am sure it will be easier for the IRS auditors. No need for tax experts, lawyers, etc.
ROBERT C. NELSON
Los Angeles