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#1
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![]() "PocoLoco" wrote in message ... On Mon, 29 Aug 2005 23:11:37 -0400, DSK wrote: PocoLoco wrote: Those who have absurd incomes should pay absurd taxes, but at the same rate as everyone else. So, you're a flat-taxer? Are you aware that all flat tax schemes are REgressive, ie the poor pay a higher share? The wealthy enjoy greater benefits from the society that supports them. Why should they not pay a *greater* much less an equal share of the needed support? DSK The poor pay a higher share than whom? If we all paid 25% of our income, then we'd all be paying 25% of our income! It is a typical liebral ploy to try and redefine words....... The rest of the word is catching on to the flat tax, unfortunately the brain dead liebrals in this country insist on taking us down the "progressive": dead end road.......even the Russians figured it out. -- John H "All decisions are the result of binary thinking." |
#2
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On Tue, 30 Aug 2005 15:10:56 -0400, "P. Fritz"
wrote: "PocoLoco" wrote in message .. . On Mon, 29 Aug 2005 23:11:37 -0400, DSK wrote: PocoLoco wrote: Those who have absurd incomes should pay absurd taxes, but at the same rate as everyone else. So, you're a flat-taxer? Are you aware that all flat tax schemes are REgressive, ie the poor pay a higher share? The wealthy enjoy greater benefits from the society that supports them. Why should they not pay a *greater* much less an equal share of the needed support? DSK The poor pay a higher share than whom? If we all paid 25% of our income, then we'd all be paying 25% of our income! It is a typical liebral ploy to try and redefine words....... The rest of the word is catching on to the flat tax, unfortunately the brain dead liebrals in this country insist on taking us down the "progressive": dead end road.......even the Russians figured it out. Crazy. -- John H "All decisions are the result of binary thinking." |
#3
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![]() "PocoLoco" wrote in message ... On Tue, 30 Aug 2005 15:10:56 -0400, "P. Fritz" wrote: "PocoLoco" wrote in message .. . On Mon, 29 Aug 2005 23:11:37 -0400, DSK wrote: PocoLoco wrote: Those who have absurd incomes should pay absurd taxes, but at the same rate as everyone else. So, you're a flat-taxer? Are you aware that all flat tax schemes are REgressive, ie the poor pay a higher share? The wealthy enjoy greater benefits from the society that supports them. Why should they not pay a *greater* much less an equal share of the needed support? DSK The poor pay a higher share than whom? If we all paid 25% of our income, then we'd all be paying 25% of our income! It is a typical liebral ploy to try and redefine words....... The rest of the word is catching on to the flat tax, unfortunately the brain dead liebrals in this country insist on taking us down the "progressive": dead end road.......even the Russians figured it out. Crazy. "Under a flat income tax there would be one rate--Mr. Forbes recommends 17%, with a personal exemption of $13,000 per adult and $4,000 per child or dependant, along with a $1,000 per child tax credit. Thus a family of four would pay no federal income tax on its first $46,000 of income. There would be no double taxation of dividends, no capital gains taxes, death taxes, or taxes on Social Security benefits. The tax return would be simpler and easier to fill out: From your wages and salary subtract your personal and dependent exemptions and multiply the result by 17%. It would almost be a tax on a postcard, a huge improvement over the massive complexity of the Internal Revenue Code. (Corporate profits would be taxed at a flat 17% too.) So what would the impact of such a system be on Federal tax receipts? Very positive, because income tax rate reductions tend to raise income tax receipts. The Kennedy income tax cuts of the 1960s reduced top rates from 91% to 71% and boosted revenues by one-third, raising the four-year average annual tax revenue growth from 2.1% to 8.6%. The Reagan tax rate reductions of the 1980s saw tax revenue increase 56% over eight years. The reason for such increases in tax receipts is economic growth--lower tax rates mean higher economic growth, more investments, more jobs, greater incentive for people to work harder to earn more money, and thus the economy expands, which in turn means more government tax revenue." http://www.opinionjournal.com/column.../?id=110007183 -- John H "All decisions are the result of binary thinking." |
#4
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On Tue, 30 Aug 2005 15:10:56 -0400, P. Fritz wrote:
The rest of the word is catching on to the flat tax, unfortunately the brain dead liebrals in this country insist on taking us down the "progressive": dead end road.......even the Russians figured it out. Great point! Now, we should be looking to the Russians for leadership. |
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