View Single Post
  #9   Report Post  
Posted to alt.home.repair
BobR BobR is offline
external usenet poster
 
Posts: 572
Default Administration's new tax proposal

On May 13, 10:17*am, wrote:
On 13 May 2009 11:04:38 GMT, Han wrote:

Flat tax is nonsense as described. *Tax rates are fine - zero tax on the
first so much, 15% on the next so much, etc. *Perhaps a credit (negative
tax) for real poor people. *But certainly a good tax on "rich" people, or
blood sucking (fill in).


But no exceptions this or exceptions that. *No accounting gimmicks
allowed.


The real problem is the politicians use the tax code to reward
politically correct things and punish things they consider not
politically correct. They are not likely to give up this power.


You mean they are not likely to give up the power to buy the votes of
the masses.