--- In [email protected], new_morning_blank_slate <[EMAIL PROTECTED]> wrote: > > A flat tax (some say 17% would do it) with no or few deductions, > starting at incomes over $30-50,000, (even a negative income taxfor > incomes below say $15,000) would eliminate all the inefficiencies, > overheads and drags on society from excessive tax accountants, > searching for tax shelters and deductions, poor economic choices for > tax reasons, etc. And would trigger greater economic growth -- which > is the engine for productivity increases, and that being the driver > for wage rate increases at all levels. > > Unless you are mistakenly saying "income" when you mean estate tax > and want to tax estates above 12 million. A fair proposal in my view > -- particularly if there are 3-5 kids, 20 grand kids etc. > But then again, few with estates above 12 million pay much estate < tax -- its all in sheletered trusts. > > I suggest a flat tax per above, with an estate tax kicking in at > $10-20 million. > > Just watch the resident ultra-leftists -- poor wannabes but > never-gonna-bees, whine at this :)
This leftist has absolutely no problem with the suggestion. I'd make the estate tax level much lower, but other than that, a flat tax with no deductions is the way to go. ------------------------ Yahoo! Groups Sponsor --------------------~--> Yahoo! Groups gets a make over. See the new email design. http://us.click.yahoo.com/XISQkA/lOaOAA/yQLSAA/UlWolB/TM --------------------------------------------------------------------~-> To subscribe, send a message to: [EMAIL PROTECTED] Or go to: http://groups.yahoo.com/group/FairfieldLife/ and click 'Join This Group!' Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/FairfieldLife/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
