If you're going for a real flat tax with only charitable contribution deductions, it would work if they set the bottom at 25% of everything over $50,000 (ex kerry only paid something like 16% last year due to all the write-offs and loopholes). Businesses would still need a way to deduct real expenses like R&D and equipment etc, but advertisement expenses shouldn't be allowed for drug companies etc, and no company should be able to deduct more than 10% of their gross for the same. As another reform, lets eliminate tax exemptions for 527s (if they got any), set a max for campaign finance, and give networks a set tax break for political spots, but they must supply EVERY candidate with equal time. Debates should include third parties and be arbitrated by a true neutral party, (the debates this year were so biased it was a sham). CEO's shouldn't make more than 10X the lowest paid employee. Corporations shouldn't be allowed to own sports teams as a tax write off. How am I doing so far? Stuntman > > > It just doesn't seem that complicated. > Why shouldn't everyone pay the same, that seems like the way it should be > any ways. > > Mark > > -------Original Message------- > > From: Jim Lubin > Date: Sunday, November 07, 2004 14:34:39 > To: QuadPirate; [EMAIL PROTECTED] > Cc: [EMAIL PROTECTED] > Subject: Re: [QUAD-L] election > > Something we agree on, a flat tax. I say around a 35% flat tax for everyone > and exempt the first $100,000. That sound fair to me. Only deductions are > for charitable contributions to encourage giving. There can even be an > option to pay more to the government. During the campaigning I saw several > Hollywood people saying they didn't need a tax break. Fine if they want to > pay more than 35% of their income to the government then they can. > > At 11:19 AM 11/7/2004, QuadPirate wrote: > > This tax subject and over hauling it should be easier than they say, let's > just have a flat tax for everyone > but then his rich voters would come unglued. I'm so tired of these rich > people getting all the breaks and have everything they'll ever need and more > but they think they should pay less than people that have nothing and we > continue to let this happen because they are the people paying for these > campaigns and the tax cut is their payoff. > >
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