Final Fan, and others.
What does any of this have to do with Bush?? I thought we were talking about the tax code.
and Final Fan,
The 22% isn't a tax that is paid to the government, it is a cost incured by businesses to prepare their tax statements. Think of the army of accountants, and the man hours needed for lets say Best Buy to prepare their taxes, and if they are audited, that expense goes even higher.
The arguement here is that if Corporations don't have to prepare their taxes, then they can cut out those additional costs, which are estimated to be at 22%.
So, with this plan, companies can cut costs by about 22%, and that won't effect the governments tax income. Then, the cost goes up 23% for consumer taxes. Therefore the cost to consumers stays the same, and the government income stays the same. Where the savings comes in is in the form of all the saved man hours needed to prepare overly complicated tax statements.
Don't you see how that is a good thing, it basically would give more money to everyone, because it gets rid of wasted effort in preparing taxes.
Also, Huckabee said he didn't know how old the world is because the days in the Bible during creation could have been of any length of time. It was 7 "God" days, which could be a billion years a piece for all he knows. So, get your facts right before you go blasting someone and their beliefs.







