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Politics : PRESIDENT GEORGE W. BUSH
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To: KLP who wrote (51095)10/23/2000 6:09:12 PM
From: Neocon  Read Replies (1) of 769670
 
Not bad. I believe the current flat tax proposals are in the vicinity of the 17% rate. I can't remember the three step "virtual flat tax" rates, but they are somewhere between 10 and 20 percent. I like your cut- off, certainly, which is one of the most helpful things that could be done for ordinary families with modest income. Since there are still state and local taxes to contend with, I think the goal is to keep the total tax burden at less than a third of income, roughly. That is something that I think most people would find reasonable, which is the only benchmark we have for pricing government........
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