Subject: TAX REFORM Comment: I FEEL THAT THE CURRENT INCOME TAX SYSTEM IS HOLDING OUR ECONOMY BACK.IT IS TO COMPLICATED AND UNFAIR.WE SHOULD ENCOURAGE PEOPLE TO EARN MORE NOT PENALIZE THEM.I BELIEVE A TAX ON CONSUMPTION IS MUCH MORE REASONABLE AND GETS TO ALL INCOME BRACKETS FAIRLY. I DO NOT BELIEVE CONGRESS IS PREPARED TO ABANDON THE INCOME TAX COMPLETELY SO A COMBINATION OF A FLAT INCOME TAX OF 10% WITHOUT EXEMPTIONS AND A NATIONAL SALES TAX OF 5% WITH AN EXEMPTION FOR FIRST TIME HOMEBUYERS AND POSSIBLY CERTAIN FOOD STAPLES WOULD BE A MUCH MORE REASONABLE AND FAIR SYSTEM. |