[Rhodes22-list] politics- tax theory by Steve for Rummy

[stan]

Ed, if he did a good job explaining the tax cuts I must have missed who he 
said was getting the tax cuts and why it was better to do it so 
un-evenhandedly.  If you give me the trickle down nonsense I will take your 
boat away !  and the 50 million others who pay no taxes so get no tax cut, 
(if you and Steve are not careful) will take the rest of your goodies away. 
You got to think: why are so many of the very wealthy not in favor of this 
administrations' tax cut thinking.    From the Americans I daily deal with, 
at the end of the week the net overall real life bottom line is that they 
have a lower standard of living.

stan/gbi

----- Original Message ----- 
From: "ed kroposki" <ekroposki at charter.net>
To: "'The Rhodes 22 mail list'" <rhodes22-list at rhodes22.org>
Sent: Thursday, October 28, 2004 8:21 PM
Subject: RE: [Rhodes22-list] politics- tax theory by Steve for Rummy


> Rummy,
>
> How was the sail?  It was misting at Big Water about 4 pm.
>
> Steve did a good summary on the tax theory.  When you decrease taxes in
> America that money is spent or invested, resulting in an increase of the
> velocity of dollar, thus creating more tax income as a result.
>
> Rummy
> The point is that by lower taxes and with the economy
> recovering; more people pay taxes.  Therefore, you
> don't need the higher taxes.
>
> Less tax on More people; does a much better benefit to
> the economy than; Higher taxes on less people.
> Steve
>
> --- R22RumRunner at aol.com wrote:
>
>> Steve,
>> What's the point, you eventually have to pay the
>> piper.
>>
>> Rummy
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