Article View: mi.misc
Article #483Re: National Sales Tax - An Alternative?
From: David Meyers
Date: Fri, 01 Dec 1995 00:00
Date: Fri, 01 Dec 1995 00:00
29 lines
2356 bytes
2356 bytes
In article <49l7m6$2s1@brtph500.bnr.ca> bjgrier@bnr.ca (Brian Grier Perpk) writes: >What I would prefer is a flat tax on the amount earned ABOVE the "poverty" >level. Of course I would consider the poverty level a bit higher than it >currently set at, say $25k for a familly of 4. Actually, the exemption which seems to be being thrown about is higher even than that. $36k for a fam of 4. And the flat tax above that being mentioned seems to range from 17 to 23% depending on whether home-mortgage interest is still allowed to be deductible. Also, interest and dividends and cap-gains are exempt. I'll have to dig up a couple of references -- there seem to be about half a dozen flat tax proposals flying about from congressmen to presidential candidates. Bear in mind that "flat tax" is still a misnomer. All of these proposals are still basically progressive taxation, execpt with two levels instead of the half dozen we have now. The real cleanup and "flattening" comes from the elimination of the zillion loopholes and exemptions. --D -- dmeyers@panix.com "Any technology distinguishable from magic is insufficiently advanced."
Technical Details
Message-ID:
<DMEYERS.95Dec1083941@panix.panix.com>Path:
arc1-ca.pugleaf.net!unknown!not-for-mailReferences:
<490s4o$eku@nexus.coast.net> <499sg8$elm@villa.fc.net>Show Full Headers
Complete Article Headers
X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: 10dda6,8c62cfd13b101be6 X-Google-Attributes: gid10dda6,public X-Google-Thread: 104eff,8c62cfd13b101be6 X-Google-Attributes: gid104eff,public X-Google-Thread: ffe14,8c62cfd13b101be6 X-Google-Attributes: gidffe14,public X-Google-Thread: fa7f5,8c62cfd13b101be6 X-Google-Attributes: gidfa7f5,public X-Google-Thread: 105dfd,8c62cfd13b101be6 X-Google-Attributes: gid105dfd,public X-Google-Thread: 104158,8c62cfd13b101be6 X-Google-Attributes: gid104158,public X-Google-Thread: 10d662,fe496bb546a1da4c X-Google-Attributes: gid10d662,public X-Google-Thread: 105ecf,8c62cfd13b101be6 X-Google-Attributes: gid105ecf,public From: dmeyers@panix.com (David Meyers) Subject: Re: National Sales Tax - An Alternative? Date: 1995/12/01 Message-ID: <DMEYERS.95Dec1083941@panix.panix.com> X-Deja-AN: 120586056 distribution: world references: <490s4o$eku@nexus.coast.net> <499sg8$elm@villa.fc.net> organization: PANIX Public Access Unix, NYC newsgroups: mi.misc,alt.politics.usa.misc,alt.activism,talk.politics.misc,ca.politics,dc.politics,ne.politics,nj.politics,pa.politics,triangle.politics,misc.taxes,ny.politics