Reply #47: This is THE most regressive tax

[WinkyDink]

Terrible idea.
It would have to start off incredibly high, and it would continually be raised (how else to pay for Bush's debts?).
No, sorry; 25% of a minimum-wage job just ain't the same as 25% of the money held by the readers of "Unique Homes" magazine. The ones who, according to Vanity Fair mag, are upset that the world is running short of yacht slips (I kid you not). Etc. ad nauseam.

IF Forbes, Bush, Trump, et al. want to really help out, they can campaign to INCREASE THEIR OWN LEVEL OF TAXATION, and leave the rest of us the hell alone!

Who could POSSIBLY believe that Forbes, who passed on the chance to promote revamping the tax system so that the wealthy would pay their fair share---you remember, some of you, back when Reagan lowered the top bracket?---would advocate ANY system other than one to keep his $$ while having others pay more of theirs?

Does P.T. Barnum also endorse this flat tax cockamamie notion? "No loop-holes"? HAHAHAHAHA! Yep, I can hear Cheney/Halliburton howling hysterically from here!