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To: Your Nightmare
Reforming the current system isn't good enough. Its a 19th Century tax system for a 21st Century economy. We need to either move towards a national sales tax or a flat income tax. That's the only way to simplify the tax system, increase revenue and simultaneously downsize the government. The current tax system gobbles up half of one's pre-tax income. There's the income tax and a maze of hidden taxes priced into every thing you buy. We're losing our freedom. That's why we have to abolish the income tax and the IRS.

(Denny Crane: "Sometimes you can only look for answers from God and failing that... and Fox News".)
149 posted on 07/21/2005 2:41:50 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives On In My Heart Forever)
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To: goldstategop

"Its a 19th Century tax system for a 21st Century economy."

Worth repeating. Globalization is THE economic megatrend of this point in time. We either adjust and adapt to it or pay the consequences. At the rate we are going, by the year 2010, we will have a 100,000 page tax system and a one trillion $/year trade deficit. Is that really where we want to be in another 5 years?

Does everyone realize that we are the ONLY advanced country on the globe that is currently importing far more than we export? Japan doesn't, Germany doesn't, the UK doesn't, nobody else. Sobering thought, isn't it?


204 posted on 07/22/2005 11:21:12 AM PDT by phil_will1
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