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Kansas Senator floats flat-tax plan for Washington

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cynatnite Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-09-06 10:16 PM
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Kansas Senator floats flat-tax plan for Washington
WASHINGTON (Reuters) - The District of Columbia would become a laboratory for a flat federal income tax system if Kansas Republican Sen. Sam Brownback has his way.

Brownback, who chairs the Senate Appropriations subcommittee on D.C., said on Wednesday he intends to seek support from Senate leadership for legislation to create an optional flat tax in the U.S. capital, with a low rate but none of the traditional deductions for expenditures like home mortgage interest and retirement savings.

"The federal government has a unique opportunity to try out a flat federal income tax in the District of Columbia," Brownback said.

Flat-tax proposals have featured prominently in the debate over broader federal tax reform in the past year, but President George W. Bush's tax reform panel recommended modifying the current system by eliminating some deductions but keeping others.

http://news.yahoo.com/s/nm/20060308/pl_nm/economy_taxes_washington_dc

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mitchtv Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-09-06 10:21 PM
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1. taxation without representation
is tyranny
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sakabatou Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-09-06 10:21 PM
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2. I am very pessimistic about the flat tax
From what I've heard, it's a bad economic plan, unless all of ones citizens have the same income.
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peacetalksforall Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-09-06 10:33 PM
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3. Here we go - they are getting everything they want , one right after
the other. Is there anyone who hasn't heard that they wanted a flat tax? Pushing. Always pushing. The clock is running and they have so much locking down and screwing us to do.
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