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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: LindyBill who wrote (232628)12/25/2007 7:55:10 PM
From: longnshort  Read Replies (1) | Respond to of 794038
 
The trouble with a flax tax is the pols will say it's not fair, so the will add a small tax to the rich.....then after a period of time we will have a flat tax with the same tax we have now.



To: LindyBill who wrote (232628)12/26/2007 5:32:10 AM
From: JDN  Read Replies (1) | Respond to of 794038
 
I certainly would opt for a flat tax before I would consider a consumption tax, especially if it included payroll taxes. A substantial portion of citizens today are retired and pay no payroll taxes. We already MADE our contribution, to charge us again on CONSUMPTION would be very unfair IMHO. If a "consumption tax" were the way to go it should be NO HIGHER then 17% and even that IMHO is excessive. jdn



To: LindyBill who wrote (232628)12/27/2007 8:04:06 PM
From: steve harris  Respond to of 794038
 
I agree.

I'd like to add taxing income from "tax free" investments.

My positives for the flat tax, it would bring in income from all of the monies not "earned" legally.