Burnt Orange Report
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Burnt Orange ReportNews, Politics, and Fun From Deep in the Heart of Texas |
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April 15, 2004DeLay Rallies to end the Income TaxBy Byron LaMastersDeLay and 100 supporters rallied today to end the federal income tax in Houston. KVUE reports:
Well, add this to the latest of Tom DeLay's crazy ideas. Not only would a federal sales tax be incredibly regressive, it would plunge the federal budget further into debt. The Stakeholder (DCCC blog) has some insightful thoughts on the matter as well. Posted by Byron LaMasters at April 15, 2004 08:55 PM | TrackBack
Comments
I think this story is 15 days too late... April Fools? Posted by: Jason Young at April 16, 2004 12:29 AMYo I've been "lurking" on the list and have enjoyed reading all the posts of late..... but Tommy boy De Lay ...well he is something ...23% sales taxes for the fed's on top of 7% or 8% 9 give or take a little) going to the states ...god that's around 31% or 33% = 33cents on the dollar ...NO WAY Ric Here's the rub with the 23% sales tax ... I just did my own taxes and my effective net tax rate was 8%. Tom DeLay wants to substitute out the income tax with that sales tax. I spend nearly all of my income every year (sucks being broke). So Tom DeLay wants to triple my taxes. Nice campaign issue. I wish the GOP would adapt this plan more tightly. I kinda miss having more Democrats in power. Posted by: Greg Wythe at April 16, 2004 09:43 AM
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