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On Mon, 3 Apr 2006, Vern Green wrote:
I have not read his book per se, but there have been a lot of proponents
for a flat tax out there. One was Steve Forbes back a few years ago when
Perot was running for President.
I would agree with a true flat tax. Of course a flat tax of 14 or 20%
would be considered a hardship for the poor in the country. At least
that is what killed it when Forbes was running for it.
It would be a hardship for the poor, but you like it. OK.
A consumption tax would be good, but then again the poor in the country
would get hit harder.
I don't think so. They are poor, so they can't consume much. Bigger
taxes on pricier items would be good. Just make food and a few other
essentials tax exempt. We need more gasoline tax because our roads are a
mess and a gas tax will pay for repairs.
Mike
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