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To: firebrand

In static economics it would seem that a flat tax must bring reduced income to the government. That is mistaken. A flat tax with no exemptions, credits, deductions, would increase business activity and give the poor a stake in the system which a sales tax would not. Couple that with elimination of tax on business and the economy would rise quickly.


16 posted on 12/11/2019 4:23:39 PM PST by arthurus (0*|...|)
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To: arthurus

You just said it yourself: A flat tax is bad for the economy.

I simply said it was unfair to those who spend a greater proportion of their income on necessities. Or that’s what I meant to say.

Anyway, argue with the big guys about what the rate would be. Give Cato Institute a call. Maybe they’ll bring their estimate down a few points.


17 posted on 12/11/2019 4:48:16 PM PST by firebrand
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