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To: GeronL

19% flat tax is too high and it can be raised just like any other tax.
The reasoning behind this percentage is that it will then be revenue neutral, of course, until spending is increased, then it will be come a 25% tax then a 30% tax and on and on and on.

The one Perry is going to propose will be at 19%, that is what the so called supply siders are saying. I do not expect the liberals in congress to accept 19%, it will be at least 25% from the beginning. And it will do nothing to collect taxes from the 40% that pay none.


168 posted on 10/21/2011 11:50:03 PM PDT by Fred (no job no house no gas no food no problem Obama 2012)
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To: Fred
The one Perry is going to propose will be at 19%, that is what the so called supply siders are saying. I do not expect the liberals in congress to accept 19%, it will be at least 25% from the beginning. And it will do nothing to collect taxes from the 40% that pay none.

Nor will it do anything to collect taxes from the almost $1 Trillion underground economy of Tax Cheats, Drug Dealers and other assorted Criminals.

183 posted on 10/22/2011 11:18:54 AM PDT by Prokopton
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