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HK

wrote:
On Sun, 11 Nov 2007 07:39:04 -0500, "Reginald P. Smithers III"
wrote:

The benefit of the tabacco tax is it will encourage smokers to quit. We
all pay for the increased health cost related to smoking.

The problem with tobacco taxes is they are terribly regressive. As a
general rule, smokers tend to be in the lower economic classes. That
is why I find it strange that liberals like to oppress these poor drug
addicts. Using this logic, maybe they should legalize pot and the
white powders, then tax the hell out of them too.
Maybe we could save social security after all.

Now you guys are getting into areas other than ways to shove a bit of
fuel conservation down the throats of Americans.

You want to reform the tax codes? Exempt the poor, however that is
defined, and then tax *all* income from, say, $50,000 to $100,000 at
10%, all income above that to $250,000 at 15%, all income above that to
$500,000 at 20%, all income above that to $1,000,000 at 25%, and any
income above $1,000,000 at 49%.

No deductions. No shifting of money coming in to other categories so it
isn't considered income.

Oh, and supervised bookkeeping for corporations. No funny business with
the books. And income tax on corporate profits, too.

Every entity pays.

Churches, too.

No more free ride, unless your earnings are under a certain level.