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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?

To: Oblivious who wrote (44953)	2/13/2011 6:57:32 PM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 103300

Re: "And do your tax return on a postcard. Steve Forbe's position. <g>. All the Lawyers and CPA's would have a drastic decrease in their income!" Yes indeed!!!!!!!!! (An entire industry devoted to navigating the labyrinth would be laid low. <g>) Flat tax is my preferred way to go but, (if the only way to slash the corrupting and counter-productive special interest loopholes is to keep some 'progressivity' in the tax code, some few and compressed rates instead of just one... then I could accept that as well). Don't let the perfect be the enemy of the merely good. :-)

To: Oblivious who wrote (44953)	2/13/2011 8:28:42 PM
From: d[-_-]b	Read Replies (2) \| Respond to of 103300

And do your tax return on a postcard. Steve Forbe's position. Those are political talking points - a flat tax only means everyone has the same tax rate - but calculating your taxable income is just as complicated as before. Unless you plan to eliminate every form of tax deduction including capital investments, mortgage interest, medical expenses amortization schedules, charitable gift deductions etc. I support a flat tax rate - everyone pays 10% on adjusted income and we can squabble about deductions for awhile.