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Re: Math Junkie post# 58118

Sunday, 12/22/2002 5:15:08 PM

Sunday, December 22, 2002 5:15:08 PM

Post# of 704019
What's a "modified" flat tax? I can see different brackets for upper income or elimination of taxes for the first $30,000 or some number on the basis that someone needs some mininmum amount to live on before they should be taxed.

However, anything else will doom the thing. No exceptions for everyone's pet cause like charitable deductions and home mortgage interest. Else you'll end up with the disaster we have now.

The politicians claim the home mortgage interest deduction makes homes more affordable. Seems the prices would drop and they would be more "affordable" without it. It's nothing but non-homeowners subsidizing the homeowners. Don't renters have housing costs too?

I'd like a "modified" government too while you're at it.


A fool and his money are soon elected.

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