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Politics : Bill Clinton Scandal - SANITY CHECK -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (33869)	2/12/1999 5:57:00 PM
From: Bill	Read Replies (1) \| Respond to of 67261

Michelle, after considerable examination, I have come to favor a consumption tax as a replacement for the outmoded income taxes we currently suffer. Forbes and Armey have correctly identified the problem with income taxes but have not come to the same conclusion on the consumption tax. What do you think?

To: Lizzie Tudor who wrote (33869)	2/12/1999 7:34:00 PM
From: mrknowitall	Respond to of 67261

Michelle - OT - Banking - Graham opposed letting prospective recipient organizations hold banks hostage for donations (not the loans, but "contributions" to the political entities that wanted to guide who got them). Mr. K.

To: Lizzie Tudor who wrote (33869)	2/12/1999 10:51:00 PM
From: Johannes Pilch	Respond to of 67261

(Banking reform) Well I think Graham's position is a bit different than this, though essentially you will not find much of an argument here with me. I am very cyncial when it comes to banking reform. Here is an issue that is plainly a no-brainer, one that is just begging for a solution, and yet congress manages always to find something that hitches the thing. (Taxes) You will probably not be surprised that I favor a gross reduction (actually an elimination) of capital gains taxes. I abhor the current federal tax structure, favoring a flatter tax or a VAT. A VAT is very appealing to me for numerous reasons, but I can understand how it might not appeal to others. Actually I would like no taxes at all. Of course I want to live forever also. I have the latter desire licked quite nicely. I find the former infinitely more unattainable.