Quote:
Originally Posted by BlueStreak
Right. If you go to a flat tax or some new system that has no loopholes or exemptions, no way around paying the tax.....watch what happens. My guess is, the whole process of lobbying for loopholes and expemptions will get a new life and we end up right back where we are anyways.
Dave
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If history is any lesson, that's exactly what would happen (as it did after Reagan tweaking the tax code).