Actual current time in Cancun, Mexico, DST, Daylight Savings Time conversion dates 2015, GMT offset, fall time change 2015 Cancun clock.
Flat tax. A flat tax is exactly what it sounds like: a consistent tax rate applied to all tax brackets. A true flat tax would mean, as Dr. Carson explained, that everyone would pay the same tax rate regardless of income (he suggested 10% since that âworks for Godâ). Flat taxes are usually imposed on wages only, meaning that thereâs no tax on capital gains or investments.
Forbes: Senator Obama has a series of tax proposals and tax actions that would devastate the American economy. For example, he has voted to increase income taxes on individuals earning as little as $32,000 a year. He doesnât make much of that on the campaign trail, but he did that in the Senate.