Too good to be true |

Too good to be true

Dear Editor:The letter to the editor by Mike Mason, of Cedaredge, on Monday, April 5, “How to save and spend trillions,” deserves an answer. The words that come to mind, in letters 5 feet high, in DayGlo yellow, are: If it sounds too good to be true, it probably is too good to be true! I want to see this HR25/S25 that he says “… will save Social Security and all those other intractable problems” (deficits, foreign trade, war funding, etc.).Mr. Mason was rebutting Ted Rall’s column, “Death by consumptive sales tax.” If HR25/S25 is some kind of flat income tax, then Ted is absolutely right, it will be regressive. It will benefit the wealthy and hit the low- and middle-income people hard. As Rall says, “The smaller your salary, the higher a percentage of taxes you would pay.”If Mr. Mason was being ironic, it went over my head. If he was serious, well, if it sounds too good to be true … !Beware of flat taxes, value-added taxes, and consumer taxes that replace income taxes. Income taxes can be progressive and fair.Peter LarroweCarbondale

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