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Politics : Politics for Pros- moderated
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To: LindyBill who wrote (84286)11/6/2004 7:41:42 AM
From: JDN  Read Replies (2) of 793818
 
I'll tell you why my first choice would be A VAT TAX. A LOT of $$$ are hidden from the govt. by various ways. This would END THAT. I suspect so much ADDITIONAL revenue would come out of the woodwork that we would be AMAZED. That being said, I would prefer a flat tax over our current MAZE of tax laws. The poor can be protected by starting it at 20k or so and just cause its flat doesnt mean we couldnt have say 15% from 20-50k and 20% from 50-100k and 25% on all over 100k. I bet if we had that and NO EXEMPTIONS AT ALL most people would pay nor more and many less then they pay right now in taxes. I NEVER think ANYONE should pay more then 25% no matter HOW MUCH they earn. jdn
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