[Rhodes22-list] Flat Tax Anyone? Tossing ball back to Slim (political rant)

[Tootle]

Slim:

      I believe that the top is 36%?  I did not look this up, just hearsay.

       A flat tax proposal had a substantial minimum income with very
subsantial dependent allowances to take care of Rummy's concern.  Then the
real estate lobbies yelled foul.  

        I have not looked up Dave's rant about the top 1%.  However, the
multiplier effect that created the economy we now enjoy was by them and the
next 9%.  I suspect that 75 to 80% of the members of this list qualify for
the 10% number.  I would exclude Stan since he gives it all away.  If Rummy
still pays that amount of yearly taxes, it would include him.  27,000 is 36
percent of what number?  You do the math.

          I have had the good fortune to associate with some of that 1% that
Dave is so against.  My brother likes to email copies of forms that insiders
must file with the SEC.  One of the guys I have the honor to know files a
bunch of those things each month.  Recently, my brother emailed me with the
names of the creditors committee of a major company in bankruptcy
reorganization.  What was this guy doing on that committee?  
            
           This fellow is Stan’s contemporary, only he retired years ago. 
Or so you would have thought so or at least I did.   My point is that these
guys who have created companies are special people.  

            They are not bureaucrats, nor do they think like Dave and others
envious of their wealth.  Now I admit, I am envious of their abilities. 
While I was not dealt their hand, I am appreciative of the opportunity to
support them.  

            Whether these guys are business people, doctors, politicians,
learn to respect those who God dealt a special hand.  The overwhelming
majority of them make the world a better place for us ordinary folks.  Quit
trying to steal the results of their abilities.  Quit supporting those that
advocate doing so.  Oppressive taxes are just a form of stealing.  

Ed K
Greenville, SC, USA








Rik Sandberg wrote:
> 
> Bud,
> 
> I'm with you. I don't like taxes anymore than anyone else, but at least 
> with this, http://www.fairtax.org A person who is conservative in his 
> spending can somewhat regulate the amount of taxes he will pay. 'Course 
> the big spenders probably aren't gonna think it's all that great. AND it 
> has a program for the low income folks too.
> 
> Never fill out another tax form ...... My kinda deal
> 
> Rik
> 
> 
> Bud wrote:
> 
>> Rummy,
>>  what about getting rid of the income tax and go with a national sales 
>> tax?  That way all the tourists
>> can have the opportunity to participate in paying for our big 
>> government.  Right now everyone in a
>> particular state/county pays the same amount of (state) sales tax ... 
>> and no one seems to complain
>> about it being unfair to the family of 5 vs. the retired couple.
>>
>> -Bud
>>
>> R22RumRunner at aol.com wrote:
>>
>>> Slim,
>>> I've listened to all the arguments for and against the flat tax for 
>>> about  five years now. Bottom line is that it affects the people that 
>>> can least afford  to pay it the most. Hence, those can can pay, like 
>>> you and me, do. Business  owners pay income tax, but most 
>>> corporations, both large and small, foot most of  the bill. Those 
>>> costs of course are passed on to the consumer. There is no easy  
>>> solution to taxation. No one wants to pay more than their fair share, 
>>> but is it  fair for a family with five kids to pay as much as a 
>>> retired couple with the  same income?
>>> It's the same thing with real estate taxes. Most of it is used to 
>>> support  the public schools, but I don't have any children in school, 
>>> but I still have to foot the bill. We spread the burden equally 
>>> because in theory we all benefit from the tax money spent.
>>>
>>> Rummy
>>> __________________________________________________
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>>>
>>>
>>>  
>>>
>> __________________________________________________
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>>
> 
> __________________________________________________
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> 
> 

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