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To: fatty who wrote (8344)1/22/2003 3:30:06 PM
From: GraceZRead Replies (2) | Respond to of 306849
 
I think if we're paying a flat tax rate. The higher wage will eventually come down to match the existing after-tax ratio.

I'm not sure what you mean by this. Do you mean to say that if we switch to a flat tax that wages would come down to reflect the same after tax income we get now?

We're in no danger of adopting a flat tax even though it's a far better solution then what we have now, especially if you exempt say the first 15-20k. The reason is that it wouldn't give these government types any leverage to provide breaks to this group or that.