To be a Liberal,you have to believe that..... Message Board

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Politics : To be a Liberal,you have to believe that.....

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To: Bill who wrote (4394)	10/22/1999 11:29:00 AM
From: pezz	Read Replies (1) of 6418

Bill I agree that those in the higher income brackets are indeed paying more than their fair share.[ how ironic that they are accused of the opposite ] The top ten percent paying something like half all taxes paid by individuals. This may not be so efficient.A few years ago I made so much in the markets that I was put into a very high bracket. I looked at my tax rates including self employment tax and quit work for two years. [Unfortunately this happy circumstance is no more.] Having said all that if they don't pay the bulk of the taxes who will? I would support a flat tax if there were realistic assumptions that could convince me that the taxes needed would get paid. Fair or not I believe that some sort of progressive tax is needed. But nobody should half to pay half of their income to taxes. pez

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