Bob Brinker: Market Savant & Radio Host Message Board

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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Chris J. Horne who wrote (14049)	5/9/2001 12:46:42 PM
From: Skeeter Bug	Read Replies (1) of 42834

chris, weak propaganda. >>(By the way, the ratios are roughly > accurate. 10% of the > taxpayers pay about 60% of the taxes collected, 30% > pay 37%, and 20% pay > 4%.) how much of america's wealth do those 10% control? is it over 60%? all of a sudden the tax burden falls into context. amazing what happens when numbers aren't manipulated. i don't believe in self motivated situational ethics. therefore, my standards DO NOT change with my income bracket. if i'm poor, i want to pay a lower % in taxes. as i get wealthier, i want to pay more due to my good fortune. seems quite rational. if the poor have it so good... then become poor and match their lifestyle... think of all those tax dollars you will save! i'm waiting for the rich to argue they don't get anything back in services. please. corporate welfare is many times greater than welfare for the poor. the tax code is welfare for accountants. the legal system is welfare for lawyers. the military used to be a jobs program. military contracts yield billions ($20k toilet seats and the like). it is intellectually dishonest to change one's view on taxation as one's tax bracket increases. btw, yes the govt spends too much and wastes too much money. yes, they should be more efficient. yes, everyone should benefit from the savings. in case you didn't know, the game is not tax cuts. if everyone gets equal cuts then purchasing power (the real deal!) essentially goes nowhere due to price increases to offset the new demand. the game is to increase one's taxes MORE than everyone else. the rich know this is the game. the poor know this. the middle class appears to be asleep. they'd take a "tax cut" even if it meant their purchasing power dropped. the headline appears to be enough.

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