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Politics : Formerly About Advanced Micro Devices
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To: Road Walker who wrote (390198)6/10/2008 3:14:36 PM
From: Tenchusatsu  Read Replies (3) of 1576159
 
JF, > I never say "why bother". I'm very much into changing the tax code to improve decision making.

My view is that the tax code is already skewed in the ways you've pointed out, so why skew it even more to make up for it?

Kind of funny how Obama advocates a "windfall profits tax" on oil. That of course will make up for the tax breaks the oil industry supposedly gets, but it will likely raise the price of gas even more, which as you pointed out is essentially a regressive tax. Then to make up for that, Obama will raise taxes on everyone making $200K or more, but that's likely going to harm small businesses the most. Then you tax big businesses like Wal-mart to make up for it, ditch NAFTA to punish American businesses trying to outsource, etc., etc.

How about we just go back to something simple, like a flat tax?

Tenchusatsu
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