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Politics : PRESIDENT GEORGE W. BUSH
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To: DuckTapeSunroof who wrote (704840)9/29/2005 5:06:28 PM
From: Peter Dierks  Read Replies (1) of 769670
 
"Only if a real return is realized from the investment."

Please explain what real return is netted from the distribution of income upon which tax has already been paid.

Please explain what real return is netted from the distribution of assets upon which tax has already been paid.

"Of course, under a flat rate system... there would only be ONE tax rate."

Which you would apply multiple times to the same income by taxing corporate income, then the distribution of it, and then the distribution of the ownership asset when a person dies. As long as you support the taxation of the same income multiple times, I do not support your idea of "flat" tax.
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