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Calif Bill Calif Bill is offline
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First recorded activity by BoatBanter: Jul 2006
Posts: 4,727
Default OT - The party of the rich is...


"Lu Powell" wrote in message
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"Eisboch" wrote in message
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"HK" wrote in message
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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.



Not the reason at all. Government loves power. The ultimate power is money
control. The government is not going to give up the ultimate control by
making an equal across the board tax structure. The way it is now, they can
bless some industries and people, and penalize others.