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Old 11-20-2008, 01:02 PM   #4
Joe
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Join Date: May 2001
Location: Rhode Island
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National income tax would be great for everyone who has already bought most of their durable goods - but it would screw young people just starting out.

A flat tax with no exemptions would mean no charitable deductions, which would harm foundations, museums, university endowments, soup kitchens, little leagues, etc. It would further erode our institutions.

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