Media miss Paul O'Neill's extreme proposals

Ian Murray seamus2001 at home.com
Wed Jun 13 19:55:28 PDT 2001



> FAIR (Fairness & Accuracy In Reporting)
> For Immediate Release, June 13, 2001
> Contact: Rachel Coen, (212) 633-6700 x318
>
> MEDIA ADVISORY
>
> "Political Dynamite" Fails To Explode:
> Extreme proposals by Treasury's O'Neill mostly unreported
...[snip]
> In the interview, O'Neill called the current U.S. tax system "an
> abomination" that required changes to its "very structure." His
preferred
> changes? O'Neill "absolutely" supports the elimination of taxes on
> corporations-- and the shifting of the tax burden to individuals,
saying
> government would work better if it "collected taxes in a more direct
way
> from the people."
========= Herman Daly and a host of other economists support eliminating corporate taxation; the idea has been floating around since WWII.

Ian



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