Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 316.33

+1.3%

Dec 10 4:00 PM EST

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To: willcousa who wrote (12313)	11/4/2003 9:45:22 AM
From: michael97123	Read Replies (2) of 95546

WC, Real reason that no one asks is that we have a "tax industry" out there represented by financial advisors, tax prep services and accountants and lawyers. Also a flat tax goes against the grain of thinking of the class warriors of the democrat party who can never be for it. If a guy makes a million bucks and we have a 20% flat tax, this 200k would never be enough for the class warriors. Their goals are far loftier than that. Mike PS i am for a flat tax with large personal exemptions for each member of the family so a family that makes 100k doesnt face a 20k(@20%) tax. I would exempt lets say 10k per family member so a family of 4 would pay the 20%(hopefully less) on 60k or an effective rate of 12%. Then it becomes fair.

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