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echo: barktopus
to: Mark
from: James Adams
date: 2004-04-06 08:18:08
subject: Re: Bad news for dems, good news for US

From: James Adams 

>
>
>I'm big on the Forbes' style flat tax, let's dump all the convoluted BS and
>just pick a number, let's say it's 10%,
>

You're doing the same thing Forbes does - confusing tax simplification with
the graduated income tax.  What makes our tax system so complicated is not
the different rates but figuring out what income gets taxed and at what
rates depending on whether it's dividends, capital gains, wages, from
municipal bonds, etc.  If all income was treated the same that would go a
long way towards putting sanity in to the system.

Once we do that then we can takle the deduction mess.

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