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Technology Stocks : How high will Microsoft fly?
MSFT 485.49+1.8%Nov 26 3:59 PM EST

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To: miraje who wrote (37502)2/7/2000 3:49:00 PM
From: Valley Girl  Read Replies (1) of 74651
 
(OT):

Hear, hear! ...taxes don't seem excessive...

My stars, what planet is he living on? Between California and D.C. the government is helping itself to almost half of everything I make! If that's not excessive then I don't know what is. Agreed that the government needs funds to pay for its operations, but could we please have

1) A much simpler system without the labyrinth of complex rules such as the alternative minimum tax.
2) A lower marginal rate, ideally a flat rate with some lower limit below which no tax is paid.
3) Elimination of the regressive social security tax by funding it from general revenues like the transfer program it is, rather than continuing the farce that it's actually an investment program.
4) Elimination of double-taxation by eliminating the corporate tax (thus also freeing up a large workforce of talented lawyers and accountants for more productive endeavours).
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