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From: kfl@hoxna.UUCP (Kenton Lee)
Newsgroups: net.taxes
Subject: Re: flat vs. progressive taxes, a poll
Message-ID: <461@hoxna.UUCP>
Date: Sat, 16-Feb-85 23:58:02 EST
Article-I.D.: hoxna.461
Posted: Sat Feb 16 23:58:02 1985
Date-Received: Tue, 19-Feb-85 08:01:32 EST
References: <199@ihnet.UUCP>
Organization: Bell Labs, Holmdel NJ
Lines: 20

xxx
I vote for a progressive tax with no deductions.

My reasoning:

1.  Deductions have created a large anti-productive tax-shelter
industry.  I think the effort wasted on tax-shelters far outweighs 
any intended benefit.  The productivity, and thus the economy, of
the US will be improved by eliminating deductions.  Since there is
probably no fair way of partially eliminating deductions, they
should all go.

2.  Most government services (especially in the 1980's) are keyed
towards people with lots of capital.  Taxation should be
proportional to benefit.  Since taxing possession is probably
illegal, the fairest way to tax is on income, progressively.
-- 
Kenton Lee
Bell Labs - WB 
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