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Politics : The Obama - Clinton Disaster

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To: HPilot who wrote (16326)7/28/2009 3:38:22 PM
From: DuckTapeSunroof  Read Replies (2) of 103300
 
IMO the *single best possible* tax change that the US could enact would be to COMPLETELY REVAMP our ENTIRE CORRUPTED TAX CODE.

Eliminate nearly ALL 'special tax preference items' and other loopholes and credits and special interest breaks, (that have accreted over many years), from the income tax code... and replace it with a flat rate income tax (no deductions), or if that is politically impossible at least something very close to that: a 'modified' flat rate system (get as close to a single tax rate for ALL INCOME, regardless of source, as possible!)

That is the only way to maximize the US's economic growth potential: get the government out of picking the winners and the losers in our system, and let rational economic considerations (not the perverted desire of business and individuals to capture narrow-based tax advantages) motivate our actions.

No more having our tax policies say that one man's work is more valued then another's... just get the government out of then 'special favors' game.
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