Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Always Right
Well even 17% is not 40%. What you said earlier. And I say start at 15% and see where we are. As it is now the top 10% earners pay more than half the federal income taxes or anyone who makes $53K a year or the top 25% pay 84% of the federal income taxes. I still like the national sales tax.
26 posted on 05/22/2003 5:06:58 PM PDT by kellynla ("C" 1/5 1st Mar Div VIet Nam '69 & '70 Semper Fi)
[ Post Reply | Private Reply | To 24 | View Replies ]


To: kellynla
I still like the national sales tax.

So do I. It is fair, easy to adminster, it taxes consumption not savings, it is pro-growth, it makes everyone pay something- no freeloaders, it will tax the "underground" economy, and it eliminates a huge federal bureaucracy.

Your estimate of 15% is probably about right. 17.5% might be needed if we couldn't get at the garage sales, flea markts, hookers and drug dealers, but we will get those revenues, and 15% will be enough.

27 posted on 05/22/2003 6:17:31 PM PDT by John Valentine (Writing from downtown Seoul, keeping an eye on the hills to the north.)
[ Post Reply | Private Reply | To 26 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson