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jcw461/05/2009 5:41:02 pm PST

re: #524 n in wi

Best tax cut to be made is a lowering,if not elimination of the Corporate tax.

Simple, Fair, Across the Board Tax Cut:

Raise the exemptions to the minimum amount one must earn just to be housed and fed decently at current market cost. (i.e. approx 12,000 to 15,000 usd for an adult, 7,000 to 12,000 usd per child) Which I believe is the purpose of the exemptions in the first place; to only tax the EXTRA (beyond basic living expenses) income one makes.
Connecticut did that for their income tax (the only thing done right in that mess).
Doing this would affect EVERYONE THE SAME but it would MEAN more to the poorer folks AND it would be very simple to enact without umpteen pages of exceptions and rules.