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Politics : Politics for Pros- moderated
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To: John Carragher who wrote (84604)11/7/2004 7:07:19 AM
From: JDN  Read Replies (1) of 793841
 
Like I said before, I would support a flat tax so long as it can be prepared ON A POSTCARD. I lean toward VAT tax ONLY cause I know from my years as a CPA that a heck of a lot of economic activity goes UNTAXED at all putting the burden on us HONEST folks. Some estimates go as high as 25% of GNP. Just imagin if we could get at that how low rates could be for EVERYONE.
As to Bush's tax cuts. Remember his AIM was to REDUCE THE INCOME TAX RATE PERIOD. Thus, if you PAY MORE of course your $$ cut would be more, but the PERCENTAGE cut DID in fact benefit the lower income more then the higher income. Dont fall for the BS Kerry was espousing. jdn
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