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Lu Powell Lu Powell is offline
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First recorded activity by BoatBanter: Jul 2006
Posts: 62
Default OT - The party of the rich is...


"Eisboch" wrote in message
...

"HK" wrote in message
...


Unfortunately, tax laws in this country are the result of lobbying,
and, of course, are sharply skewed to favor the wealthiest. The one
proposal Mike Huckabee made that I liked was a national sales tax,
with exemptions for lower-income workers and retirees (with incomes
up to a certain level), in place of our patchwork quilt of income
taxes and deductions. As presented, Huckabee's plan is not workable,
but it certainly is a starting point.



Every election cycle one or more candidates proposes "sweeping
reforms" to the IRS tax structure, ranging from it's elimination and
replacement with a national sales tax or an across the board fixed
percent of income plan.

Nothing ever comes of these proposals.

Eisboch


You are right. Too many people earn big incomes form the present code.
It's the full employment for accountants and tax attorneys act.