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To: Lizzie Tudor who wrote (29312)1/22/1999 5:45:00 PM
From: sea_biscuit  Read Replies (2) | Respond to of 67261
 
And Steve Forbes can start his "flat tax" campaign with payroll taxes, and then extend it to income taxes also!




To: Lizzie Tudor who wrote (29312)1/22/1999 5:46:00 PM
From: TigerPaw  Respond to of 67261
 
Everybody pays, or everybody doesnt pay
I agree that fairness is the biggest issue. There are many loopholes that are used by the very wealthy such as having all sorts of perks which are paid for by their corporation. These can range from limos with drivers, to golf club memberships, to travel. I think that non-monetary income needs to be addressed for fairness. It is, however, not an easy thing to quantify.

(there are also loopholes used by the poor, such as only dealing with cash. Fairness will not be easy.)

My personal opion would be no deductions for anything anytime. Then if the govt. wants to promote or subsidise a desirable behavior it would do so with a bill spelling who gets how much.