Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.2 9/5/84; site whuxl.UUCP Path: utzoo!watmath!clyde!burl!ulysses!mhuxj!houxm!whuxl!orb From: orb@whuxl.UUCP (SEVENER) Newsgroups: net.politics Subject: Re: Re: "No more taxes" Reagan? Message-ID: <343@whuxl.UUCP> Date: Mon, 12-Nov-84 17:29:31 EST Article-I.D.: whuxl.343 Posted: Mon Nov 12 17:29:31 1984 Date-Received: Tue, 13-Nov-84 19:04:31 EST References: <1103@bbncca.ARPA> <500@ccice2.UUCP> Organization: Bell Labs Lines: 15 > HUH? Reagan proposes to eliminate those taxes in favor of a flat tax. The total > amount of taxes collected would stay the same. This is tax simplification, not > raising taxes. > Brad Miller Whether it raises taxes or not all depends on the particulars of any tax bill. It would be very possible to end up with the net result of raising taxes by eliminating tax deductions. For example, elimination of the mortgage deduction would hit many middle-income taxpayers very hard. For that reason that is one deduction unlikely to be eliminated. There are just too many voters adversely affected by it. The same could be said of other tax deductions which might be eliminated in any tax simplification scheme. I favor some sort of tax reform--but I don't favor a move towards an overall flat tax rate. I think there SHOULD be progressivity built into the tax system. tim sevener whuxl!orb