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Pastimes : The California Energy Crisis - Information & Forum

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To: Raymond Duray who wrote (1081)1/30/2002 6:10:30 PM
From: Quincy  Read Replies (1) of 1715
 
People won't take the time to discover it would actually mean many would pay less taxes even without the mortgage deduction. Too easy to spin the myth that flat taxes means you and I pay the same tax rate as Ken Lay. Oh no! We can't eliminate Capital Gains! What about all the lazy Daytraders??!? B-)

Instead of countless beaurocratically bungled social programs, how about allowing a family of four to earn $40k a year tax free and only pay 17% or so on amounts beyond that? Tax our kids earnings while they slave away in a restaurant so we can give that money back to them and more through educational grants. To pay the full 17 percent or so, you would have to earn more than $100k a year.

Balooning Deficits? Hardly. No one wants to know what the IRS really costs us just to print all those forms, keep the lights on and the copier machines powered up.

flattax.house.gov

interest.com

Steve Forbes for President!
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