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To: Skeeter Bug who wrote (107063)6/6/2001 8:13:04 PM
From: flatsville  Read Replies (1) | Respond to of 436258
 
Skeeter--

>>you reduce or eliminate the stupid consumption incentives in the tax code. If you eliminate the EITC, the home equity interest and the mortgage interest deductions, and the various 'savings' plans deductions, the tax rates would go down from all, including savers.<<

Maybe you and I should come up with some corporate deductions and credits we could eliminate...that should really bring the tax rates down, eh?



To: Skeeter Bug who wrote (107063)6/7/2001 2:10:07 AM
From: Les H  Read Replies (1) | Respond to of 436258
 
The respective rate for each marginal bracket could be lowered. You assumed I was posting about a flat tax rate for all incomes.