[Reagan Man]

Did you hear Rick Santorum last night? He gave one of the best debate question performances of all time when he asked the audience, would they support a national sales tax or the 999 plan. Silence!

I support a flat personal federal income tax and abolishing the corporate and capital gains taxes. NO sales tax, however. That could quickly turn into a VAT, a value added tax like the socialists have in Europe. No thanks.

[SeekAndFind]

RE: I support a flat personal federal income tax and abolishing the corporate and capital gains taxes.

1) Are you concerned with government revenue falling significantly below the current approx $2.2 Trillion ?

2) If so, what would be the tax rate for your flat personal federal tax?

It has to be quite high (significantly higher than Cain’s 9%) if you want to maintain current revenue because you want no corporate and capital gains taxes.