Tom Toles for February 06, 1996
Transcript:
Toles: ...Or at least to cartoonists who will. Some other ideas to make the tax system fairer.... Make the social security tax flat... instead of letting income over $60,000 go untaxed. Then income under $60,000 could be taxed less. Pressure the home mortgage deduction's ability to encourage home ownership... by limiting it to mortages of $100,000 or less, dropping it's use for million dollar houses, second homes, and yachs. Impose a wealth tax, flat if you like, on personally help wealth, as opposed to income. Wealth, not income is where the real money is. Then income taxes could be cut. Give a big tax break to any candidate who would propose these, of even bring them up. Because there aren't any now.