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Politics : Politics for Pros- moderated

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To: Lane3 who wrote (84440)11/6/2004 3:05:45 PM
From: Triffin  Read Replies (4) of 793914
 
kholt ..


Why those deductions?


Historical precedence ..
To influence/facilitate desirable behaviour ..
Fairness ..

I'm sure there are other worthwhile deductions
or perhaps none would be better ..

I don't really expect Congress to simplify our
tax system in any meaningful way .. too many
accountants/tax consultants would lobby against
any changes ..

At a minimum I'd like too see a flat tax rate
applied to all income regardless of source above
a tax-exempt base amount supplemented with a modest
national sales tax on consumption excluding food and
clothing ..

What are your ideas ??

Triff ..
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