[ancient_geezer]

The burden of high bracket rates on production increases as the square of the tax rate imposed (the burden quadruples for a doubling of the marginal rate.)

Focus those taxes on the most productive components of our business and investment infra-structure, as the graduated income tax does, and that effect can be devestating to an economy.

A Taxreform bump for you all.

If anyone would like to be added to this ping list let me know.

John Linder in the House(HR25) & Saxby Chambliss Senate(S25) offer a comprehensive bill to kill all income and SS/Medicare payroll taxes outright and replace them with with a national retail sales tax administered by the states.

H.R.25,S.25
A bill to promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national retail sales tax to be administered primarily by the States.

Refer for additional information:

• search: "national sales tax" OR "national retail sales tax" OR "fairtax"

[groanup]

The fair tax would solve the problem anyway.

Fair tax bump.

Herman Cain if one of the fair tax's biggest supporters.

Listen to Herman at 5:00 today. As he puts it: "you just might learn something".