Subject: FLAT TAX Comment: AS A TAX PRACTITIONER, THE ONLY FAIR TAX IS ONE THAT TAXES EVERYONE EQUALLY. THERE COULD BE AN INCOME EXEMPTION FLOOR, SAY $30,000 OR $40,OOO. AS FOR BUSINESS,THEIR COST OF DOING BUSINESS WOULD HAVE TO BE CONSIDERED OR HAVE A LOWER GROSS RECEIPTS TAX FOR THEM. THIS WOULD ELIMINATE THE CLASS ENVY THAT HAS SO PROLIFERATED OUR SOCIETY AND THAT HELPED CREATE THIS MONSTEROUS TAX CODE. EACH TIME THE EXISTING CODE IS "SIMPLIFIED," IT GROWS IN VOLUME WITH MORE CONTRADICTIONS AMD MULTIPLE INTERPRETATIONS. IN THE LONG RUN, IRS WOULD COLLECT MORE TAXES, WITH MUCH LESS EXPENSE!! SET UP A RETRAINING PROGRAM FOR THE IRS EMPLOYEES WHO WOULD NOT BE NEEDED. IMPLEMENTING THIS, MR. BUSH, ALONG WITH A SUCCESSFUL SOCIAL SECURITY REFORM ALONG YOUR GUIDELINES, YOU WOULD REPLACE FRANKLIN ROOSEVELT AS A REAL COMPASSIONATE PRESIDENT AND CONGRESS COULD MAKE HISTORY. |