On Tue, 30 Aug 2005 01:05:06 GMT, Scooby Doo wrote:

Harry Krause wrote in
:

PocoLoco wrote:
On Mon, 29 Aug 2005 12:56:49 -0400, DSK wrote:

PocoLoco wrote:
What percent of total taxes are paid by the top 5%?
Does it matter?

What percent of the overall personal wealth of the coountry does
that 5% own? Is it more or less than the percent of taxes? What
about the percent of income?

Now, why shouldn't a person (or group of people) who have absurdly
large incomes pay absurdly large taxes? Maybe because they hand over
bigger campaign donations?

DSK
What does ownership of assets have to do with income tax?

I pay property tax on real estate and property tax on automobiles. I
pay tax on interest earned, but not on the principal. Is it your
contention that I should?

Those who have absurd incomes should pay absurd taxes, but at the
same rate as everyone else.


Why? Why shouldn't they pay a higher rate?

Because they're not receiving more in essential government services
financed by income taxes than anyone else. To the contrary, they finance
government giveaways to those with lower incomes.

Thanks, Scooby. I can't see krause's stuff. I would have just said, "Why should
they?"

--
John H

"All decisions are the result of binary thinking."