News Focus
News Focus
Followers 6
Posts 1673
Boards Moderated 0
Alias Born 07/07/2002

Re: Stock in Truth post# 281267

Monday, 08/09/2004 6:18:27 AM

Monday, August 09, 2004 6:18:27 AM

Post# of 704041
Now wait a minute - how would this not hurt the low income people? If you institute a flat tax, the wealth will get more and more concentrated at the top.

Reread your post, I think you will see that you are contradicting yourself. I agree about elimination of many loopholes, but absolutely disagree with the regressive flat tax. No way a person making $10k a year should have to pay $2000 in taxes in order to lower the tax burden on the rich.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today