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Eminent Domain Stuff


New London Update (2/24/06)
Bad NLDC!
Coverage of the Rally at New London's City Hall (w/ pics)

Wednesday, August 11, 2004

 

Taxes

I'm all for overhauling the tax code. It's a bohemith that needs some serious trimming and simplification. However, I do not think this is a good idea:

NICEVILLE, Fla. (Reuters) - President Bush (news - web sites) said on Tuesday that abolishing the U.S. income tax system and replacing it with a national sales tax was an idea worth considering.
Having everyone pay the same percentage relative to income is one thing, but to have everyone paying the same absolute percentage seems like a horrible idea. To have, say, John Kerry-Heinz paying 7% on a bottle of milk is not the same as having some guy making $10,000/year paying 7% on a bottle of milk. Bad idea.

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