Comment: At some time in the past, even people who didn't itemize could deduct about $100 for charitable gifts. I think this encouraged young people to think about helping others. Let's keep the income tax, but simplify it. The Cato Institute is a beginning, although I would add a higher rate for income over $300,000. Incomes for CEOs (ref. Saturday, April 13, 2005 Los Anglees Times, B18), sports, movie and pop music stars are obscene, and ordinary people resent those salaries. There should be a negative tax for the working poor. Thank you for letting me contribute, . emilyreeves@cox.net |