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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (370942)	2/15/2008 5:01:47 PM
From: Road Walker	Respond to of 1575413

If the transition is too painful to bear, then make the changes to the tax code gradual. Gradual? Frankly there are so many people in the country living at the margin, that if you implemented a flat tax of say 25%, they would go under. They would lose their homes, couldn't afford gas or cars to get to work... you would create an unholy mess. They couldn't afford to buy stuff... commerce would be hit big time. Now maybe, just maybe, in the long run that would be a good thing. Low end wages would have to go way up or companies couldn't function. And as a result high end wages would have to go way down. But in the meantime, there would be a LOT of pain. Think 1929.