Path: utzoo!mnetor!tmsoft!torsqnt!david
From: david@torsqnt.UUCP (David Haynes)
Newsgroups: can.general
Subject: Re: Flat Tax Rate
Message-ID: <378@torsqnt.UUCP>
Date: 18 Aug 89 12:21:34 GMT
References: <401@fs1.ee.ubc.ca> <1713@cs-spool.calgary.UUCP> <644@UALTAVM.BITNET>
Distribution: can
Organization: Sequent Computers (Canada) Ltd., Toronto, CANADA
Lines: 31

TMCLELLA@UALTAVM.BITNET (Tim Mclellan) writes:

>In article <1713@cs-spool.calgary.UUCP>, fare@.ucalgary.ca (Michael David Farebrother) writes:
> 
>>a "30(?)% income tax" , no exclusions, no deductions, just report your
>>income and pay 30% of it.
> 
>It would be so simple, and so fair.  If everyone had to pay tax on their gross
>income, maybe we could all pay a little less in the end.  The rich would have
>no write offs.

But I think you would also have to have a "no deductions" limit. 
Ie: Everyone under that limit would not pay any tax. 

For example, if the limit was $27,000 then if you earned $35,000 you
would pay (35,000 - 27,000) * tax rate in taxes. This would stop the
drain on those of limited incomes. 

Reagan proposed this idea a long time ago (1983 or 84) and we had a 
round of "gee, we should copy the Americans" in Ottawa. Nothing ever
came of it though.

-david-

Remember: Canada never implements *any* policy until the United
States has clearly shown that it will not work. (1/2 ;-) )
-- 
-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-
David Haynes			Sequent Computer Systems (Canada) Ltd.
"...and this is true, which is unusual for marketing." -- RG May 1989
...!{utgpu, yunexus, dptcdc}!torsqnt!david -or- david@torsqnt.UUCP