- #1

GENIERE

## Main Question or Discussion Point

Just stumbled on the fact that Russia adopted a flat tax system about two years ago. Productivity rose rapidly afterwards and now at 10% growth per year.

I reviewed Dick Armey's proposal wherein he uses a flat rate of 17% for all tax payers, but includes savings for being married, number of children, etc. As it works out, a family of four would pay no taxes if their income was less than $35,000.00 yearly. This is much better than the present $25,000.00. Since there's no itemizing, the form is the size of a postcard.

Democrats opposed this, I have no idea why.

Regards

I reviewed Dick Armey's proposal wherein he uses a flat rate of 17% for all tax payers, but includes savings for being married, number of children, etc. As it works out, a family of four would pay no taxes if their income was less than $35,000.00 yearly. This is much better than the present $25,000.00. Since there's no itemizing, the form is the size of a postcard.

Democrats opposed this, I have no idea why.

Regards