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Old September 18th, 2003, 10:01 PM

Narrew Narrew is offline
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Default Re: [OT] Another heated discussion about the Iraq siutation, war and politics.

here is something else that I have thought of, I would look up all the numbers ect.. if I was running for office, hehe but I am not.

I we could wipe the slate clean on ALL taxes and start over. On the federal side, no deductions what so ever. Flat income tax on those above $30k individual $60k married, 10% on all income above those amounts. 10% on Capital Gains period (other than IRA/retirement), National Sales Tax on all manufactured items 2.5% (could have 2 weeks tax free for items under $2k for the start of school and X-mas) AND 5% tax on ALL import's (whether it is raw material or finished products), if it is across the board, perhaps we wouldn't violate trade laws.

I would like to see the revamping of business taxes, and incentives to increase 401-k participation of employees, maybe double the companies tax deduction for benefits that help the employees health/retirement.

Lets look at the prescription bill, employers will drop people off their plans and ask people to go the national plan to save money, but instead of a national plan, what if we gave the drug companies double tax breaks for supplying drugs to low income people. I know for a fact that if anyone needs medications and your low income, your doctor will send in a form to help the poor, or the doctor has enough "samples" to help someone, I know I have received some myself since I only have cobra.

I think there are many options than starting more government programs and taxing more and more.
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