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Politics : Why should I (conservative) stay in the Republican Party?

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To: Yogizuna who wrote (165)2/15/1999 11:14:00 PM
From: Greg Jung  Read Replies (2) of 246
 
Yogi, lower thru middle income already pays a flat tax (ss), and it is
already simple for those with IQ above 90. Taxes would increase at the lower end it is currently 15% marginal on income tax... maybe 6-10(?)% state tax typically. Add now 8%.
Flat revenue, drastically lower tax on highest (salary-based) incomes. Shifts tax to lower income. No way around it! As to simplifications, we've had "tax simplification" acts since time immemorial, generally each change gets amended so as to create special niches in the code where accountants can squeeze big bucks.

Other complications arise because of the long-term incentives built in to current system.
Mortgage interest.
IRAs. Roth IRAs, etc.

Flat tax first came on our plates with Gov."Moonbeam" Jerry Brown,
in '86 election I believe. His plan deleted the payroll tax, anyway.
Today's republican plans keep payroll tax.

I see John Kasich may be running for prez. He's ok, I think, and it will be interesting to see how his position develops. He has mentioned favoring some of the whacko stuff, but we'll see what develops once he develops a unified perspective.

Greg
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