"Bruce" wrote in message
...
nom=de=plume wrote:
"Bill wrote in message
m...

wrote in message
...

"Bill wrote in message
...

wrote in message
...

On Fri, 22 Jan 2010 08:40:09 -0500,
wrote:


The top brackets ought to be paying 49%, and there should be no cap
on
earnings subject to social security and medicare taxes.

As long as the top 1% controls 50% of the campaign contributions and
100% of the media you won't see that. They may pass that as the
published top rate but there will be enough tax shelters and
loopholes
so they won't actually pay that.
The government has a long rich history of using the tax code to drive
social policy. If you do politically correct things you get tax
breaks, big ones.

Is why there will never be a flat tax. Taxation is the ultimate
control.



A flat tax is regressive.

--
Nom=de=Plume


Actually is neither Regressive or Progressive.



You're just wrong. I don't know how to say it politely.

http://en.wikipedia.org/wiki/Flat_tax



No, he's not. Regression means that the more you make, the less you pay -
hardly a flat tax. You have to remember that the theory behind the flat
tax offers no deductions. It's a simple percentage of your income.


Didn't say regression - said regressive... and punative for those who make
just a bit.

You earn $100. You get to keep $90. You earn $100,000. You get to keep
$90,000. Which would you pick?

--
Nom=de=Plume