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To: Principled

So, it will take less from the poor, and take less from the rich....

Just WHERE, oh Houdini, is the REST of the money going to come from? A monkey's butt?


379 posted on 06/10/2005 7:00:08 PM PDT by Fido969 (I see Red People!)
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To: Fido969
So, it will take less from the poor, and take less from the rich...

Where'd you get that? A monkey's butt?

Taxes still have to be paid - the same in aggregate (revenue neutrality). The tax base for the nrst is larger than the income tax base - remember all the deductions and exemptions for income taxes.

Under nrst, big spenders will end up paying a (maximum) 23% marginal rate. I think you're wrong to say that's less than now. What was Tah-ray-za's rate? 2% on 50 million?

383 posted on 06/10/2005 7:17:06 PM PDT by Principled
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