--- In [email protected], new_morning_blank_slate <[EMAIL PROTECTED]> wrote: > > --- In [email protected], TurquoiseB <no_reply@> wrote: > > > > --- In [email protected], new_morning_blank_slate > > <no_reply@> 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. > > Ok, my final offer: :) a 17% flat estate tax above five million. But > you hafta also support my 15 points towards real democracy -- > yesterdays rant (IRV, etc.) Its a package deal :) >
My suggestion: - A 5% flat tax estate tax starting at a zero value estate; - A 17% flat federal income tax starting at zero taxable income; - Elimination of the Social Security system which would eliminate the approximately 6.2% Social Security contribution (that's about 12.4% for self-employed people) taken for each dollar of adjustable gross income up to about $85,000. - A requirement that each state institute a flat tax if they choose to have a state income tax. ------------------------ Yahoo! Groups Sponsor --------------------~--> Great things are happening at Yahoo! Groups. See the new email design. http://us.click.yahoo.com/TISQkA/hOaOAA/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/
