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Gold/Mining/Energy : Hecla Mining(HL) -- Ignore unavailable to you. Want to Upgrade?

To: Roebear who wrote (112)	11/11/1997 2:41:00 PM
From: Terrence Von Holidae	Read Replies (1) \| Respond to of 629

Roebear: A crises of magnitude that would shake the foundations of our economy would present an ideal opportunity for dramatic change in the tax system. A flat- tax would move through Congress were it to contain protection for those individuals whose employment is now dependent upon the the current code: lawyers, accountants, both private and public, and others. It would become politically acceptable if IRS personnel recieve a generous severance, and the private employee and employer, a dislocation-tax benefit for their trouble. Without such compensation, it is currently undoable. I could imagine tax credits distributed both to the employer and employee for re-training, and or, severance. Should a candidate propose a flat-tax in '98 containing these elements, its passage by Congress would occur. I suspect the economic turmoil to present fertile ground for that seed of change to flourish. Yours, T.V.H.