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To: Your Nightmare

The 14.91% does not retain the constant dollar level of consumption. That's just not true.

Sure it does, because that is how I chose to treat it. The 14.91% rate for general revenues is set by the HR25 legislation and can only be changed by subsequent legislation expressly modifying that rate.

The 14.91% or even less is justifiable by simply recognizing the economy expands as well the consumption base with the removal of the drain of Social Security Act from federal programs.

In fact if we allow the base tax law of HR25 to be modified to remove the FCA demogrant as lewislynn suggests, which could probably be sold to the electorate at a 15% or less level, the rate would be significantly lower.

But then that is not the issue in anycase, as removal of excess spending allows us to target much lower level even below the 7% range that a return to strick limitations of government to article 8 boundries provide.

The point being that for spending to be reduced, the elecorate as a whole must perceive a proportionate participation in paying the burden. Once that begins to occur the conditions for reductions in spending leading to lower burdens is the rule rather than the exception.

137 posted on 08/05/2004 5:54:14 PM PDT by ancient_geezer (Equality, the French disease: Everyone is equal beneath the guillotine.)
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To: ancient_geezer
The 14.91% rate for general revenues is set by the HR25 legislation and can only be changed by subsequent legislation expressly modifying that rate.
Which includes the OASDI and Medicare rates in the gross payment! If those aren't there the gross payment is reduced and the general revenue rate must go up!

The AFT sure is getting their money's worth with the checks they are sending you.
139 posted on 08/05/2004 6:17:50 PM PDT by Your Nightmare
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