PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: Wayners who wrote (666613)	12/30/2004 7:32:47 PM
From: Johannes Pilch	Read Replies (2) of 769670

If the flat tax is applied to everyone, then many who now pay no income taxes will incur what to them is a significant expense that will hit them in a lump sum once a year. A better solution would be to cut the government's expenses significantly, tremendously. This would include ripping apart the good old boy network that destroys market efficiencies where defense expenditures are concerned. As our revenue problem is taken care of at its root, we should also tax consumption through sales taxes on tangible goods. Wealthier people would shoulder larger shares of the national tax burden because they are compelled to consume more than the poor. Staple items, such as rice, bread, certain meats perhaps would not be taxed at all while other items would be taxed heavily. Let's face it, a flat tax would do many of us a world of good, lowering our basic rate tremendously. And we would still find ways to in effect eliminate these taxes. It would be quite difficult, to say the least, to get around a tax on consumption. Such a tax would virtually guarantee compliance while encouraging production and savings.

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