I Like The Flat Tax Idea...
...but only if Congress REALLY simplifies the tax code, removing all the exceptions, deductions, credits, shelters, etc.
But what I like even better is the reinstitution of the 1990 Pay Go legislation. That basically requires Congress to demonstrate full funding of any and all spending legislation, essentially requiring a budget with no annual deficit, just like the states. Any legislator that runs on that combination of fiscal reforms would have my vote.
Understand that with as far out of control that Congress has gotten in spending our money, the reinstitution of Pay Go would really cause some serious belt-tightening. There would have to be massive cuts in government spending, which would effect each and every one of us.
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