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To: RobRoy
I think I am being conservative at 35%.

See my #532. 35% is extremely overboard, the actual revenue-neutral rate (in the absense of FCA or other credits) is a hair under 21%. The additional credits bring the rate up to 23%.

648 posted on 01/31/2005 1:33:14 PM PST by kevkrom (If people are free to do as they wish, they are almost certain not to do as Utopian planners wish)
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To: kevkrom
I think I am being conservative at 35%.
See my #532. 35% is extremely overboard, the actual revenue-neutral rate (in the absense of FCA or other credits) is a hair under 21%. The additional credits bring the rate up to 23%.If you include the federal government paying themselves a tax. If you do, then you need to raise more revenue or tell us how you are going to cut ~40% of government spending across the board (defense, homeland security, etc.).
656 posted on 01/31/2005 1:39:39 PM PST by Your Nightmare
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To: kevkrom

I sincerely hope you are right!


659 posted on 01/31/2005 1:43:23 PM PST by RobRoy (I like you. You remind me of myself when I was young and stupid.)
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