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"Presidential Panel Hears About Tax System"-- not good

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GreenPartyVoter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-12-05 11:42 AM
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"Presidential Panel Hears About Tax System"-- not good
WASHINGTON (AP) - A presidential commission looking into how to make income taxes fairer and simpler heard pitches Wednesday from experts with ideas about revamping or replacing the current system.

The commission examined plans to base taxes on spending rather than income, which could mean a national sales tax or a European-style value-added tax.

As for transforming the income tax, the commission heard proposals for comprehensive change and minor tinkering.

"Not one person who we encountered as we traveled the country told us that our current tax system was good for America and that we should leave it alone," said the commission's chairman, former GOP. Sen. Connie Mack of Florida.

http://apnews1.iwon.com/article/20050511/D8A192E00.html
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BrainRants Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-12-05 11:47 AM
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1. Of course people think it should be changed! DUH!
I think the taxcuts should be rolled back.

I think that offshoring companies should pay their fair share.

Don't give me that "not good for America" bullshit, Shrub has tweaked enough with the tax system and look at the fucking mess he's made of our economy.


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GreenPartyVoter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-12-05 11:50 AM
Response to Reply #1
2. I think it should be progressive and not regressive, and screw the
sales tax idea.
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