I understand, but any money that I pay in taxes comes out of my income, so basically "income taxes".
I have some real beefs with the tax system as it stands.
For instance, let say I put 10K in a tax deferred IRA (401K or whatever).
If I withdraw early, I am killed on taxes that exceed my normal tax rate for the income. Why? If I had not put it in I would pay 30% (or whatever). Why do I now have to pay 40% for early withdrawl?
See what I mean? With a true flat tax it would just be X% for whatever.
The main problem is that it would obsolete the IRS (not a bad thing) as everyone could fill out a 1040-EZ and it would wipe out tax preperation businesses like HR Block (who are virtual extortionists). I can see why a flat tax would be bad