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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Enam Luf who wrote (640450)	10/8/2004 12:30:15 AM
From: Doug R	Respond to of 769670

NO loopholes would have to be a part of that.

To: Enam Luf who wrote (640450)	10/8/2004 12:35:44 AM
From: DuckTapeSunroof	Respond to of 769670

"one rate for all?" Yes. (We're going to have to give all those loophole-beneficiaries some incentive to go along with eliminating their pet loopholes.) I, personally, would be happy to maintain some very modest amount of graduation in tax rates... but I fear that the more 'progressivity' we maintain in the rates, the fewer loopholes we will ever be politically able to eliminate --- and the special interest loopholes are the largest problem. Also, a one rate plan has a great deal of intuitive appeal, and should be able to attract more support.