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To: pigdog
And there's a "damn good reason" (actually many of them) for not taxing income at all and thereby not having stupidities like exemptions or deductions - which are nothing but figments of the present tax system which can be turned against taxpayers selectively ... and sometimes are

That's an entirely different debate. But if we are going to have voluntary tax-exempt status, the same rules should apply across the board.

106 posted on 07/27/2006 9:57:21 AM PDT by dirtboy (Glad to see the ink was still working in Bush's veto pen, now that he wisely used it on this bill)
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To: dirtboy
"... if we are going to have voluntary tax-exempt status ..."

Ah, but that's just the point!!! There's no valid reason for retaining such an income tax system as our tax revenues can be raised more efficiently and more cheaply with the FairTax while benefiting almost all taxpayers as well as the economy of the country.

For those of you not familiar with the FairTax, here's the bill (HR25). And it's a very interesting read.

In addition, there's a world on information on FairTax website.

There's lots of helpful information there on many, many different topics. Check the FAQs and Rebuttals for example.

119 posted on 07/27/2006 10:10:56 AM PDT by pigdog
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