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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?


To: CalculatedRisk who wrote (14311)4/12/2004 7:36:19 PM
From: BearcatbobRespond to of 81568
 
Flat Tax:

1. I do my own taxes. I find it to be a data collection exercise - not a caluclation exercise. It would be a whole lot simpler if there were no deductions. If it were somewhat progressive that would not violate the principal of simplicity.

2. I also see merit in a VAT tax. Today to much illegal money escapes taxation.

Bottom line - it should be simple and inclusive. Today it is not simple and there are too many loop holes - both on the high end and low end.