February 2, 1999



Senator Pete Domenici
328 Hart Senate Office Building
Washington, D.C. 20510

Dear Senator Domenici:

In the January 21st edition of the Wall Street Journal, you were quoted as saying budget surpluses should be used to cut taxed 10 percent. We suggest that you use 100 percent of the surplus to substantially reduce the national debt in order to pave the way for the eventual elimination of the individual income tax.

The interest on the nation debt takes more than 55¢ of every dollar collected form the individual income tax. Eliminate the debt and you can eliminate the individual federal income tax.

If you pursue the Nation Business Association goal of individual tax elimination and abolition of the IRS, that is far better than a mere 10 percent tax cut.

Personal income for American working families has declined every year for the past 20 years when adjusted for inflation and taxes. Individual federal income tax elimination is the best way to go if you want to help the vast majority of voters, small businesses, and the economy.

You could be the catalyst for an unprecedented economic expansion and job growth that is real and not the economic mirage that Clinton has given us.

Clintonomics has given us two economies. One benefits 10-15 percent of Americans. The other results in 85 percent of the American people to barley making ends meet from week to week.

Thank you for considering the National Business Association goal of individual federal income tax elimination.

Sincerely,

Bryan McCanless