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Old 04-15-2004, 21:02   #3
Join Date: Feb 2004
Location: North Carolina
Posts: 11

My young age may cause me to be misinformed, but is this not the basis of Reagan's trickle down theory in the 80's? By giving both individuals and businesses tax breaks, spending will increase and the economy will improve. Sounds like a solid plan to me.

However, I am also a true believer in the flat tax proposal. I have read that a estimated 17% tax, with few or no deductions would produce the same revenue as the current system. Hell, I am a poor college student making a few pennies from the national guard and only paying a couple hundred in taxes and I still believe in a flat tax. I do not understand why we do not change to such a simple and fair system. Just my opinion though.....

In my house, we obey the laws of thermodynamics!
crew341 is offline   Reply With Quote