Posted: Oct 12, 2005 By: Michael P. Corcoran

Subject: Where is the tax reform?

Comment: I am outraged by today's news that this so called tax reform panel has taken no action to reform the tax system, and that you have opted to raise taxes on the wealthy by lowering the cap on mortgage the interest deduction.
My wife and I earn a combined salary of approx $100,000 and last year we paid out approx $48,000 in taxes just counting income, sales, fuel, and property taxes.
Is it fair that we pay out 50% of our income in taxes?
I would hate to see the total after adding in the hidden taxes such as import taxes.
Enough is enough, we have got to have reform! You need to pass the Fair Tax!