From: Daley, Rob [mailto:RDaley@IBSHome.com]
Sent: Tuesday, February 22, 2005 8:10 AM
To: 'comments@taxreformpanel.gov'
Subject: RE: The President's Advisory Panel on Federal Tax Reform
My comment is very straight forward. Revise the tax code to one line,
"For every dollar of income that you receive you will pay X% in federal
income taxes".
I am confident that some great prestigious university minds can compute
the true, actual tax rate that would be needed.
We should eliminate stepped rates, exemptions, complex tax laws filled
with loop holes and non-payment options. It should not matter if the
income is wages, investment, interest or any other form. And, it should
not matter if it is your only dollar of income for the year, or your
100 millionth.
We can greatly reduce the size of the IRS, and subsequent federal
expense reduction.
We can force countless attorneys and accountants to seek an outlet of
their efforts that actually help the U.S., and helps our economy.
Clearly, the overwhelming majority of honest tax payers with no
lobbyist voice in Washington would be in favor of this revised tax law,
while the few groups who represent the minority and fund extensive
lobbyists will strong arm the house and senate to kill even thinking of
such a change - let alone actually start an earnest debate.
Rob Daley
rdaley@ibshome.com
65 Barrett Road
New London NH 03257