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Old 11-21-2007, 01:00 PM
bobman0330 bobman0330 is offline
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Default Re: Washington Post Fact Checker Questions Paul\'s plans.

Boro, that's all well and good, but you're overlooking some stuff:
1. RP has said he wants to get rid of the 16th Amendment, which would necessarily involve getting rid of the corporate income tax too. Why are you including corporate IT receipts in your projections?
2. Is your 1999 budget figure inflation-adjusted? If not, why not, other than to mislead people?
3. All this talk about payroll taxes is a big off-topic. Does RP want to use payroll taxes for general government purposes? If not, then payroll taxes don't really matter to the larger picture (except to the extent that the government can't fund any deficits in SS or Medicare without the IT). If he does, then really all he wants to do is replace the income tax with the payroll tax, which is nothing to be lauded for.
4. Whatever other verbal gymnastics you want to go through, the unalterable fact is that less than $200 billion dollars was raised by the government other than through a tax on income. Another unalterable fact is that the US cannot even pay interest on its current debt with that amount, let alone do anything else, except for the payroll-funded stuff like SS.
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