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Sounds pretty good to me and Ms Hienz only paid 12.7% in taxes due to loopholes.
I also think they should all have a cap on campaign funds and all get the exact same amount and none from any business I think the tax payers should pay it then they might actually act like humans.
Mark
-------Original Message-------
Date: Sunday, November 07, 2004 20:43:12
Subject: Re: [QUAD-L] election
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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