[Rhodes22-list] Flat Tax Anyone?

[Slim]

Rummy,

We don't have to abandon the entire tax code.  The family of five kids would
still be eligible for tax breaks for number of dependents and other
deductions would still be available.  We just all have the same starting
point.  I don't know if that makes any sense, really, but does the present
system make better sense?

Slim

On 1/12/07 4:07 PM, "R22RumRunner at aol.com" <R22RumRunner at aol.com> wrote:

> Slim,
> I've listened to all the arguments for and against the flat tax for about
> five years now. Bottom line is that it affects the people that can least
> afford  
> to pay it the most. Hence, those can can pay, like you and me, do. Business
> owners pay income tax, but most corporations, both large and small, foot most
> of  the bill. Those costs of course are passed on to the consumer. There is no
> easy  solution to taxation. No one wants to pay more than their fair share,
> but is it  fair for a family with five kids to pay as much as a retired couple
> with the  same income?
> It's the same thing with real estate taxes. Most of it is used to support
> the public schools, but I don't have any children in school, but I still have
> to 
> foot the bill. We spread the burden equally because in theory we all benefit
> from the tax money spent.
> 
> Rummy
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