The Baileys wrote:
> Harry Hawk wrote:
>
> >I'm endorsing Steven Forbes in his bid to be the next President.
> >
> >While he certainly isn't an extropian (big or little e), and there are
> >issues that I completely disagree with him on, I feel he represents
> >the best hope to get a Libertarian minded President (in this century
> >or the next).
>
> Steve Forbes is a one issue candidate. His primary concern is to push a
> flat tax through Congress. Unfortunately, the fact that a flat tax would be
> a fiscal catastrophe doesn't appear to be a concern of Forbes. However, I
> doubt Forbes' zeal for the flat tax has nothing to do with the estimated $1
> billion USD he'd save in income taxes alone if a flat tax were passed.
I fail to see how it could be a fiscal catastrophe. Its generally recognised that the 17% rate he proposes is revenue neutral, and considering that the average millionaire actually pays taxes in the 14% range indicates that the rich will actually pay more.
-- TANSTAAFL!!! Michael Lorrey, President Lorrey Systems ------------------------------------------------------------ mailto:mike@lorrey.com ------------------------------------------------------------ "A society which trades freedom for some measure of security shall wind up with neither." -----Benjamin Franklin "The tree of Liberty should be watered from time to time with the blood of tyrants and patriots." -----Thomas Jefferson "A well regulated militia being necessary to the security of a Free State, the Right of the People to keep and bear arms shall not be infringed." -----US Constitution, 2nd Amendment "You can have my gun when you pry it out of my cold, dead hands..." -----Anonymous "Once we got their guns away from them, taking their money was REAL easy." -----Unknown North Korean Commissar