4 ms·
I generally agree on this working out well. As nits though: 1. This simplifies things like crazy, but could have all sorts of spill-over effects. (most notably
by usaar333 7y ago
I generally agree on this working out well. As nits though:
1. This simplifies things like crazy, but could have all sorts of spill-over effects. (most notably reduction in charitable giving)
3. AMT, yes. NIIT is only another tax bracket though?
6. This would help dramatically, but I'm not sure how to execute it. CA nonconformity to all sorts of federal tax rules is a huge pain point (HSA being the worse one for the regular person), but it seems CA could care less about the complexity that hits its citizens.
- harryh 7y ago1. I'm mostly comfortable with this, though willing to concede that it should be thought about more carefully than I have. 3. Not really because of the weird way it calculates the interactions between capital and labor income. 6. Indeed. I never said the enacting the plan would be easy!