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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: frankw1900 who wrote (59790)	12/4/2002 2:23:01 AM
From: paul_philp	Respond to of 281500

Have a flat tax. Then everybody, rich and poor, can hate the government equally. Your lips to gods ears. I would also consider a strict consumption side tax (no income taxed at all) a workable idea. Paul

To: frankw1900 who wrote (59790)	12/4/2002 11:11:48 AM
From: JohnM	Respond to of 281500

Have a flat tax. Then everybody, rich and poor, can hate the government equally. Well, it's completely clear we don't have a progressive tax. When you, just take Krugman's comment about the poor, add in all the taxes they pay (and he didn't include the fact their rent payments pay someone's property taxes, just included social security and sales taxes), his figures have them paying 20%. I actually think the concept of a progressive income tax is the most fair--them which receives the most, pays the most. But we are not going to have that. I would prefer the following changes: (1) everyone pays social security taxes on all their incomes--no forgiveness above a certain level; (2) a consumption tax which had lower rates for certain necessities--food, shelter, etc. but written in such a way that it could not be a large loophole for folk with enough money to catch the attention of the politicos. And, he asks, why am I typing about tax code issues on the FADG thread? I really don't know.