Comment: I would suggest to have only a national sales tax where everyone will be taxed at 5% on any items that are necessary such as food, refrigerator, cars under $25,000, tires, washing machine, you get the picture. Tax 10% on alcoholic beverages, snacks, cigarettes and other useless products to discourage their use and 15% on luxury items or items that are not in the "necessity" category. This tax system not only is fair, but it will create future generations who will know how to save and how to spend their money and will eliminate the "victim" mentality of people who blame everyone else for not saving except themselves. Keep charity and home ownership deductions as encouragement for having the lower middle class and the poor movement upward in the class ladder. I also have a suggestion that even though is not related to tax reform, but it is the most important component in our economy today that is adverse ly affecting our economy, namely the healthcare system. The well thought nationalized healthcare system is as much in line with the conservative mentality as the liberal one, because when everyone is offered and guaranteed good health insurance coverage, corporations don't have to spend a big chunk on workers compensation. Also auto insurance companies won't have to pay large medical and liability coverage expenses which in turn will create very low auto insurance premiums nationwide. Carlo Hagopian 609 W Lexington Drive, Unit B Glendale, CA. 91203 Home 818 550 8186 Cell 818 399 9846 __________________________________________________ Do You Yahoo!? Tired of spam? Yahoo! Mail has the best spam protection around http://mail.yahoo.com |