Many American are getting taxed out of the nose while the wealthiest of Americans live fat and happy by taking advantage of tax breaks leaving the middle and lower classes to shoulder the burden of an ever growing deficit. by setting a flat 7% tax on a persons net worth we can join together and start to pay off our gross debt. President Obama has declared those that make over 200,000 a year to be wealthy and has begun talks on how to raise their taxes and lower those of the middle and lower classes. A 7% flat tax would mean the wealthy would pay $14000 a year in taxes while those that make $40000 would pay $2800 dollars (Americans with children will make more than that back in tax refunds under the current plan).
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