Posted: Apr 26, 2005 By: Beverly Adler

Subject: proposal for tax reform

Comment:
Proposal for Tax reform:

1. Flat Tax of 18% imposed on everyone above the poverty line.
2. This applies to all sources of income, whether salary, stock gains (long or short term), interest, rents, etc.
3. No deductions for anything except charitable contributions.
4. Eliminate all other taxes such as AMT and refund any carryover amount people have.
5. No VAT
6. No transaction tax
7. No national sales tax

This is simple and fair and could be reconciled on a post card.

Thank you,
Beverly Adler
206 Anne Ct
Newbury Park, CA 91320
805-499-6216