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To: Roadkill who wrote (12494)3/17/2001 11:17:40 PM
From: michael97123  Respond to of 17183
 
Roadkill,
I hated gore targeted tax cuts that required accountants to fill out the tax returns of the poor who of course couldnt afford them. When I talk targets, i talk about unambiguosly putting money in the hands of the lower and middle classes. In a 16% bracket add 14.5% fica&medicard, 3% state, 7% sales since everything is spent w practically no savings. What we have then is the working poor paying 40%. They need relief with a capital R and we can start by somehow giving them a credit for payroll tax Actually i would make the first 40 or 50k of income for a married family tax exempt or taxed at a very low rate, say 5% and then adjust all other rates after that.. Mikes rant