Posted: Apr 24, 2005 By: Jim Mc Carthy

Comment: My recommendations.

A flat tax of 15 - 17% on all income above a fixed amount to protect low
income earners. Either no deductions at all or just charitable. Mortgage
deductions aren't as important to peoples net income as advertised. The key
is that everyone, except for low income people, would pay taxes, eliminating
stories like those people earning huge incomes who pay no taxes, not even
AMT.

Jim McCarthy