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

[Bill Effros]

Thanks, Ed.

Bill Effros

Tootle wrote:
> 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
>
>
>
>
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>
>
> 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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>>
>>     
>
>