Han wrote:
"Dave In Houston" wrote in
:

I notice that proponents of this theory [conveniently] never
tell
you
that those poor, poor, over-taxed 10% already OWN 70% of the wealth
(or whatever number is in vogue by whatever particular group that
loves to grind this ax) .
Bring on the Flat Tax and maybe we can put this argument to
bed.

As I understand it, the flat tax is not a rate of x% applied to
every
income, whether $10/year or $10 billion/year, and it should not,
IMO!

What would appeal to me is the expiration of all special treatments,
and possibly the imposition of a luxury tax on some set of specified
items (thinking of gas-guzzling hummers).

Define "gas guzzling hummer" and see how long it takes for the
automakers to come up with something that does the same thing but
doesn't meet the definition.

Congress is way out of line with special privileges, and the IRS
with
their obfuscation in legalese of good intentions. I could not
possibly go and do my own income taxes now without the experience of
the past 37 years.

--
--
--John
to email, dial "usenet" and validate
(was jclarke at eye bee em dot net)