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Politics : Formerly About Applied Materials

AMAT 323.09

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2:22 PM EST

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To: Fred Levine who wrote (42503)	2/22/2001 3:01:54 PM
From: michael97123	Read Replies (1) of 70976

Fred, I am a tax reformer to the extent that I believe in the postcard solution in some sort of flat tax solution. But, i too, am appalled at the repeal of the inheritance tax. I am encouraged by those billionaires quoted. Getting rates down at the margins is the most important part of the reform for the long term health of the economy. I would also allow fica taxes(not medicare because there is no cap) to be one of the few remaining deductions allowed. At close to $5000/year(actually 10K) deducting fica could go along way to helping lower income folks and make lower rates at the highest levels more palatable to the majority of americans. Mike

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