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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: Peter Dierks who wrote (27770)	4/16/2008 11:04:28 AM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 71588

Re: "Frat Taxing: having every conceivable interest group for a fraternity to lobby for and generally receive special tax breaks." I still don't get the 'fraternity' thing.... You are talking about special tax preference items (special targeted loopholes and such) benefiting special interest groups, right? Like what we --- unfortunately --- have so very much of right now in our massively-over-complex and corrupted tax codes.... Of course I STRONGLY oppose these complicating and counter-productive loopholes in our tax codes... EQUALLY as strongly as I oppose the too-high nominal rates. (In fact I have always consistently called for 'true tax reform' of the TAX CODE SIMPLIFICATION variety.... One of the few things we could do that would give us the strongest sustainable long-term boost to national economic growth possible.) Re: "In case you have noticed I have posted many times that I think governments combined take should be in the range of 10% of income." You want to reduce tax bites at the Federal AND the State AND the Local levels to 10% max? (Sounds GREAT! Sign me up! ...However I seriously doubt that anything quite as low as "10%" combined Fed/State/Local is obtainable given our current 'Imperial' overstretch and existing statutory obligations... such as interest on debt and transfer payouts due based upon taxes previously deducted from the citizenry, etc.) Re: A "flat tax" aka sales tax rate of 30% is of little interest and not much improvement. Not entirely sure how to comment about that last sentence... since I neither prefer a sales (or 'consumption') tax... nor have I ever suggested anything like the '30%' figure in your remark. (Guess I'll just leave it by saying that that 'remark does not resemble me very much!' <g>)