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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: jttmab who wrote (3539)	8/19/1999 11:43:00 PM
From: jttmab	Respond to of 769670

One last self-editorial comment....at $3,000 per head for roads, bridges, national defense, space program, foreign aid, education etc. ......in those terms, that doesn't seem to be an excessive amount on a per head basis. No doubt others would disagree. Best Regards, Jim

To: jttmab who wrote (3539)	8/20/1999 12:43:00 AM
From: Lizzie Tudor	Respond to of 769670

Oh geez... you are faster and than me and you've already burst my bubble. I agree with your points already - AGI is the key issue... BUT, (and I'm just getting through this), I thought Forbes' plan said flat tax (17% or whatever) with no deductions... medical, state tax, charity, those misc. deductions etc. That is a huge improvement right there I thought... not that I want to remove these deductions with the current rates but if you drop the rates then thats just fine - get rid of every deduction in the book I say. I noticed capital gains are not taxable and I have a HUGE problem with that, since I think all cap gains should be taxed just like income. I'm satisfied with medical savings accounts he proposes... I assumed current benefits would come out of the general fund which seems like exactly what we do now doesn't it? All this "set ss funds aside" rhetoric is just that - I just want the whole thing overhauled but only going forward, of course. On your point about 3K taxes per person, I agree with you in general terms that is just fine, 3K is not too much. The problem I have with taxes is mostly the federal/Fica/property tax hit that middle income people have to pay, some of which is redistribution of wealth (Fica), which is a disproportional hit to that group's income vs. the wealthy with cap gains who pay much less. I think there are reverse robin hood inequities in the tax code all over the place, and the only way I see to fix that is with a flat tax where everybody is even.